The pipeline carrying Azeri crude, which passes through Georgia, was hit by an explosion on Turkish territory two days before conflict began over the South Ossetia region.

Repairs may not be finished for one to two weeks or longer, according to a source at Turkey's state-owned pipeline company Botas. No oil is currently flowing through the pipeline.

World oil prices rose last week after the announcement of the blaze, and estimates that it could take up to two weeks to get the pipeline on stream again.

"Today