Exclusively available inside The International Herald Tribune in Greece and Cyprus  
  Tuesday August 16, 2005 - Archive
Current Edition | Athens Stock Exchange | Useful Information | Greek Edition | Site Search  
  Search
Home page
ENGLISH EDITION
Date
16/08/2005  
Frontpage
News
Commentaries
S/E Europe
Features
Business. & Fin.
Arts & Leisure
Sports
Weather
Classifieds
Cartoon Archive
  RSS
INFORMATION
Company Profile
Health & Emergency
BUSINESS & FINANCE
Tankers to substitute for pipeline

BAKU (Reuters) - The Baku-Tbilisi-Ceyhan pipeline will start supplying Caspian oil to European markets two weeks early under a plan to use tankers to fill its reservoirs, the head of Azeri state oil firm SOCAR said.

SOCAR President Natik Aliyev said the pipeline’s owners, led by British oil major BP Plc, had decided to ship oil to the pipeline terminus at Ceyhan on Turkey’s Mediterranean coast to do the time-consuming job of filling the reservoirs there.

That oil would be brought from the Baku-Supsa pipeline on the Black Sea, allowing the firm to fill the terminal without waiting for the slow progress of oil through the pipeline.

The first supplies from the pipeline are expected to be shipped in mid-December.

Print article | e-mail


[ Front Page ] [ News ] [ Commentaries ] [ S/E Europe ]
[ Features ] [ Business & Finance ] [ Arts & Leisure ] [ Sports ]
[ Subscriptions ] [ Editor ] [ Webmaster ]
Company Profile | Health & Emergency

Business & Finance
Foreigners eye banks
IEA chief sees oil prices further denting economic growth
Pot lifts Albanian farmers
Three lease projects planned for state tourism property use
Demand returns for new houses in Athens center
Tankers to substitute for pipeline

English Edition - Greece's International English Language Newspaper
Exclusively available inside The International Herald Tribune in Greece and Cyprus
© 2008 H KAΘHMEPINH All rights reserved.