4 % of all world oil will be delivered through BTC and Turkish straights in 2009 BP Vice President

Oil&Gas Materials 22 May 2006 13:15 (UTC +04:00)

We spent more funds on the construction of the Baku-Tbilisi-Ceyhan main export oil pipeline, as we knew that in 2009 4 % of all world oil will be delivered to the world oil markets via Turkey through the BTC and the Bosporus and Dardanelle, Trend reports quoting Ian Palliser, the BP Vice President, as stating to the Turkish media on 22 May.

Palliser said that BP for many years has been working with the Turkish government over the implementation of the BTC, the construction of the oil pipeline is nearing to completion, while the first tanker will leave the Turkish port of Ceyhan this spring. It will enable Turkey to become an energy bridge between the oil and gas producers and the European and the markers, he underlined.

BP Vice President stressed that the opening of the BTC will be held in summer. The commissioning of the BTC will release a burden on Turkeys straights, he added.

We also deliver tankers via the straights, which increases the burden of the Bosporus and Dardanelle. As more oil is pumped via the BTC as less crude will run via the straights, Palliser underlined.