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Turkey's Profit Of USD 700 Million From "Baku-Tbilisi-Ceyhan"

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  • Turkey's Profit Of USD 700 Million From "Baku-Tbilisi-Ceyhan"

    TURKEY'S PROFIT OF USD 700 MILLION FROM "BAKU-TBILISI-CEYHAN"
    By Aghavni Haroutiunian

    AZG Armenian Daily
    18/07/2007

    "About 1 million barrels of oil is pumped through Baku-Tbilisi-Ceyhan
    pipiline per day", announced the representatives of "British Petroleum
    - Azerbaijan" Company according to "Regnum" agency.

    The same resource informs that after 2008 about 80% of the pumped
    oil will flow from Azerbaijan.

    The capacity of the pipeline is 50 M ton -with the aim of reaching
    it to 80-90 M ton in the future.

    At present 22 M ton oil has been pumped through the pipeline, and
    Turkey has had a profit of 700 M dollars from Baku-Tbilisi-Ceyhan.

    From: Emil Lazarian | Ararat NewsPress
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