BTC oil pipeline keeps making money
Apr 05, 2007 02:00 AM
Over 100 mm barrels of crude oil has been shipped via Baku-Tbilisi-Ceyhan (BTC) oil pipeline since its inauguration
on July 13th, 2006, and loaded onto 130 tankers at the southern Ceyhan terminal, sources said.
The pipeline generated more than 62 mm $ revenue for Turkey whereas the Turkish Petroleum Corp. has obtained a
revenue of 392 mm $ from the BTC project. The pipeline has reached a capacity to load 750,000 bpd, sources added.
