VOL. XLV

No 40

7-October-2002

CASPIAN

Turkish Section Of BTC Crude PipelineInaugurated At Ceyhan

Turkish officials marked the startof construction on the Turkish section of the Baku-Tbilisi-Ceyhan(BTC) crude pipeline near the Mediterranean oil terminal of Ceyhanon 26 September. The Turkish section will be built by TurkeysPetroleum Pipeline Corporation (Botas) which holds alump sum contract worth $1.4bn for the 1,070km section. Total length of thepipeline is 1,760km and total estimated cost is...