VOL. XLIV

No. 07

12-February-2001

CASPIAN

Azerbaijan Caspian ReservesSufficient For BTC Pipeline Says AIOCs Woodward

David Woodward, president of theAzerbaijan International Operating Company (AIOC), was reported by Dow Joneson 7 February as saying that Azerbaijans Caspian Sea oilfields possesssufficient reserves to justify the construction of the proposed 1mn b/d Baku-Tbilisi-Ceyhan(BTC) crude pipeline. The reserves of the fields can serve as the basis forrealizing this project, Mr Woodward...