BP to Ship Crude on Trans-Panama Pipeline to U.S. West Coast
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BP Plc has started shipping crude oil westward on the trans-Panama pipeline, the company said in an e-mailed statement.
BP will ship 100,000 barrels a day to Panama’s Pacific Coast port of Charco Azul, where it will be loaded on tankers bound for U.S. West Coast refineries. Crude oil tankers too large to traverse the Panama Canal usually go around Cape Horn, according to the statement.