Baltic Pipeline System-II Baltic Pipeline System-II The Baltic Pipeline System-2 (BPS-2, "") is a second trunk line of the Baltic Pipeline System. The pipeline is constructed and operated by Russian oil pipeline company Transneft. The BPS-2 was completed in 2011 and entered in function in late March 2012. The project was proposed after an oil transit dispute between Russia and Belarus at the beginning of January 2007, and was approved by the Russian government on 21 May 2007. Although in April 2008 Russia's Ministry of Industry and Energy submitted a negative profitability report regarding the pipeline, Russia opted to develop its own infrastructure
Construction of the Trans-Alaska Pipeline System cost $1.4 billion. The percentage of the pipeline owned by various companies has changed over time, but as of 2009, the primary owner was BP, which controls 46.93 percent of the pipeline. Second is ConocoPhillips Transportation Alaska Inc. with 28.29 percent, followed in order by ExxonMobil (20.34 percent), Koch Alaska Pipeline Company (3.08 percent), and Unocal Pipeline Company (1.36 percent). The pipeline also has had a human toll. Thirty-two Alyeska or contract workers were killed during the construction project. That figure does not include common carrier fatalities. Since the pipeline began operating in 1977, 10 people have been killed while