Middle East Economic Survey

VOL. XLVIII

No 48

28-November-2005

CASPIAN

Azeri Light Crude Flows To Ceyhan Delayed Until 1Q 2006

Despite efforts to complete the 1,760km Baku-Tbilisi-Ceyhan (BTC) crude pipeline before the end of the year, project leader BP has acknowledged that it will now be spring before the Azeri Light crude produced from wells offshore Azerbaijan arrives in the Turkish Mediterranean port. It is predicted that the oil will reach Ceyhan sometime next spring, the BP-led BTC Company...