VOL. XLIV

No. 26

25-June-2001

CASPIAN

BP To Move Ahead On BTC And Shah Deniz Pipelines

The CEO of BP, Sir John Browne, has announced that his company is ready to move forward with the next phase of the development of the Baku-Tbilisi-Ceyhan (BTC) crude pipeline and to develop in parallel a pipeline to carry Shah Deniz natural gas to Turkey. Speaking on 20 June at the fourth annual "A Tale of Three Seas" conference organized by Cambridge Energy Research Associates (CERA), Sir John said the...