Pipeliners

RBC, 29.05.2007, Moscow 16:20:15.The Board of Directors of Transneft has made a decision to allocate an additional RUR6.8bn (approx. USD263m) for the implementation of the first phase of the construction of the Eastern Siberia - Pacific Ocean (ESPO) oil pipeline, the Russian oil transportation giant said in a statement. The company's Board of Directors today approved the corresponding amendments to the investment program for the construction of the pipeline's first phase.