BP-Led Pipeline Ships Less Azeri Oil in First Two Months of Year

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The BP Plc-led Baku-Tbilisi-Ceyhan pipeline shipped less Azeri oil in the first two months of the year as the country’s crude production declined.

The BTC link carried 4.9 million metric tons of oil through February, down 6.2 percent from a year earlier, according to data published today on the website of State Oil Co. of Azerbaijan, or Socar, a partner in the project.