Middle East Economic Survey
ExxonMobil To Export ACG Crude By Rail Until 2010, Will Forego BTC For Now
ExxonMobil announced on 24 November that it has signed a five-year agreement with Azerbaijans AzPetrol covering the export by rail of its share of crude produced at the offshore Azeri-Chirag-Guneshli (ACG) oilfields. ExxonMobil is to supply 10mn tons of crude to AzPetrol for shipment to the Georgian Black Sea port of Batumi. Shipments will average 40,000...