BP Caspian Link Shipped 7.9% Less Azeri Oil in 2012, Socar Says
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The BP Plc-led Baku-Tbilisi-Ceyhan pipeline shipped less Azeri crude oil last year as the Caspian nation cut production.
The so-called BTC link carried 29.7 million metric tons of oil (about 217 million barrels) last year, a decline of 7.9 percent from 2011, according to data published today on the website of State Oil Co. of Azerbaijan, or Socar, a partner in the pipeline project.