Rasheed Javanshir, the Head of BTC Co said during the today press-conference that the Pipeline Company has agreed with the Consortium вЂ" TengizChevroOil on the issue on oil supplies via the Baku-Tbilisi-Ceyhan Pipeline (BTC) at the end of 2007, Trend reports.
According to him, the Pipeline Company agreed with the Kazakshtan Internatioanl Oil Consortium on piping a part of its oil produced from Tengiz Deposit via BTC.
We may pipe a part of the oil produced from the Kazakhstan oil deposit of Tengiz at the end of the year if it is possible, he said.
According to Bil Schroeder, the President of BP Azerbaijan, BTC Pipeline is expected to be put into its projected capacity at 1 mln. barrels of oil per day by the second quarter of 2007.
The oil production from the Bloc of Fields of Azeri-Chiragh-Gunashli is expected to reach 708 thousand of barrels of oil per day in 2007.