State Oil Company considers pumping own oil via BTC pipeline

Oil&Gas Materials 27 July 2006 18:19 (UTC +04:00)

The State Oil Company of Azerbaijan Republic (SOCAR) is considering exporting its own oil via Baku-Tbilisi-Ceyhan pipeline SOCAR high official told Trend.

At the moment SOCAR is selling its oil on partnership basis from Turkish port Ceyhan, Georgian Batumi and Supsa and Russian Novorossiysk. SOCAR pumps oil from it own fields via Baku-Novorossiysk pipeline.

Official said SOCAR had offered AIOC, if interested in maintaining northern route, to export light oil from Azeri-Chirag-Guneshli in order to provide routes variation.

В"In this case AIOC will have to pump oil via Baku-Novorossiysk necessary for its optimal operation, and SOCAR in turn is eager to pump oil via BTCВ", SOCAR official said.