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BP reports 600,000 b/d throughput for BTC oil line

Eric Watkins
Senior Correspondent

LOS ANGELES, Feb. 6 -- BP PLC reported that throughput at the Baku-Tbilisi-Ceyhan crude pipeline has reached 600,000 b/d, but it plans eventually to increase that to 1 million b/d.

Initially the line transported oil only from the Azeri-Chirag-Gunashli fields, but in January BP added production from the offshore Shah Deniz gas-condensate field.

BP said it expects future increased volumes will "include those from across the Caspian, possibly commencing by the end 2007."

Contact Eric Watkins at hippalus@yahoo.com.


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