VOL. XLIV

No. 15

9-APRIL-2001

CASPIAN

BP Reports BTC Pipeline Project Moving Forward

With roughly two months to go before the basic engineering study for the Baku-Tbilisi-Ceyhan (BTC) crude pipeline is completed, BP has expressed increasing confidence that the project will move forward on schedule. Speaking during the Caspian Oil and Gas Summit in London in late March, WTJ Digings, BPs Vice-President, Oil Export Development, confirmed previous MEES reports that a decision would be taken in June...