BTC oil pipeline to boost throughput by yearend

11/24/2008
The Baku-Tblisi-Ceyhan oil pipeline will resume shipments of 1 million b/d by the yearend, according to Azerbaijan’s Energy Minister Natiq Aliyev.The BTC line has been operating at reduced capacity of 850,000 b/d due to a partial shutdown of the Azeri-Chirag-Gunashli (ACG) fields in the Caspian Sea after a gas leak near one platform.The Central Azeri platform, one of four producing oil from the ACG fields, will resume output in late December, said Rovnaq Abdullayev, head of the State Oil Co. of the Azerbaijan Republic (SOCAR).The announcements coincided with plans revealed Nov. 14 that SOCAR and Kazakhstan’s state-owned KazMunaiGas agreed on the basic principles of a project t...
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