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India interested in purchase of oil through BTC - Jioti Svarup Pande

Politics Materials 23 March 2006 14:40 (UTC +04:00)
India interested in purchase of oil through BTC - Jioti Svarup Pande

India will to purchase Azerbaijani oil through the Baku-Tbilisi-Ceyhan pipeline, Trend reports quoting Jioti Svarup Pande, the Indian Ambassador to Azerbaijan, as saying at a news conference in Baku on Thursday.

According to Pande, earlier Indian companies showed interest in the BTC project in the view of construction. One big Indian company put forward the proposal on construction of the Georgian section of the pipeline, but Azerbaijan did not give a reply to their proposal.

Of course, we are interested in the purchase of Azerbaijani oil, he said. According to Pande, Indias own oil production comprises only 34m tons per year, while consumption of oil reaches 120m tons and this figure permanently grows.

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