BP’s BTC Pipe Ships Less Azeri Crude in First 11 Months of Year
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The BP Plc-led Baku-Tbilisi-Ceyhan oil pipeline shipped less Azeri crude in the first 11 months of the year, according to State Oil Co. of Azerbaijan, a partner in the venture.
The so-called BTC link, which connects Azerbaijan’s Caspian Sea coast with Turkey’s Mediterranean port of Ceyhan via Georgia, delivered 27.3 million metric tons in the period, a decline of 9.1 percent from a year earlier, the Baku-based company said today on its website. BTC exported 2.2 million tons in November, up from 2.1 million tons a year earlier.