• Short Summary

    Workmen put the finishing touches on Monday (16 February) to a giant pipeline built by the Israelis to by-pass the Suez Canal and turn Israel into an oil bridge between the wells of Asia and the markets of Western Europe.

  • Description

    Workmen put the finishing touches on Monday (16 February) to a giant pipeline built by the Israelis to by-pass the Suez Canal and turn Israel into an oil bridge between the wells of Asia and the markets of Western Europe.

    Oil brought to the Red Sea port of Eliat from sources vaguely described as "East of Suez", was first pumped through the 163-mile (250 kms) long pipeline to storage tanks on the Mediterranean coast near Ashkelon on Saturday night (14 February).

    But censorship restrictions on the progress of the project regarded in Israel as the greatest economic venture in the country's recent history, were lifted only on Monday (16 February).

    Because of the delicate political situation in the Middle East no official or precise information was given on the source of the oil.

    The pipeline's great economic potential does not only stem from the present closure of the Suez Canal (since the Six Day War in 1967). The Israelis see it as of lasting value in view of the huge oil tankers now in use which are too big to pass through the canal even if it does become operational again.

    Pipeline officials estimate that the project, designed to eventually pump 60 million tons of oil a year, is currently operating at the rate of about 19 million tons annually.

  • Tags

  • Data

    Film ID:
    VLVABTTXS9ZD1EFWAN6Q34G1YLUWG
    Media URN:
    VLVABTTXS9ZD1EFWAN6Q34G1YLUWG
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    17/02/1970
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:01:21:00
    Time in/Out:
    /
    Canister:
    N/A

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