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BTC pumping 200,000 tons of Turkmen oil per month
BAKU – The volume of Turkmenistan’s oil transported through the Baku-Tbilisi-Ceyhan (BTC) pipeline is around 200,000 tons per month, the president of the Azerbaijani state energy firm SOCAR has said.
Rovnag Abdullayev reminded that SOCAR Trading, a SOCAR subsidiary, had signed agreements with Dubai state-controlled Dragon Oil and other companies operating in the Central Asian state on transporting Turkmen crude to the Turkish Mediterranean port of Ceyhan.
The BTC pipeline opened in 2006. The 1768 km conduit transports oil produced from Azerbaijan’s Azeri-Chirag-Gunashli (ACG) oil block in the Caspian Sea. The pipeline allows exporting oil from the Caspian without increasing tanker traffic through the crowded Turkish Straits.
TAGS: Azerbaijan, Baku, Turkmenistan, Baku-Tbilisi-Ceyhan, Azerbaijani state energy firm, SOCAR, Rovnag Abdullayev, Dubai, Dragon Oil, Central Asian state, Turkmen crude, Turkish Mediterranean port, Ceyhan, Caspian Sea, Turkish Straits
Azeri speaker criticizes CoE policies
04.02.12 12:32Azerbaijani Parliament Speaker Ogtay Asadov has criticized the Council of Europe parliamentary assembly, saying it was baseless to scrutinize the issue of “political prisoners” in any country given the absence of PACE’s relevant legal documents and fully outlined criteria.
U.S. defense chief downplays speculation of Israeli attack on Iran
04.02.12 12:34U.S. Defense Secretary Leon Panetta has downplayed a U.S. newspaper report suggesting he believes Israel is planning a military strike -- perhaps as early as spring -- against Iran`s nuclear facilities.
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