“Transneft”(Russia) proposes by the middle of 2006 to augment BPS capacity up to 600 million tons of petroleum per year. It is necessary to lay 200 km of pipes. Financing is effected on account of the credit of USD250 million, granted by the International Consortium of Banks headed by “Barclays Bank PLC”(UK).
Construction of the third stage of Baltic pipeline system (BPS) started