VOL. XLIV

No. 29

16-July-2001

CASPIAN

BP Unveils BTC Project Structure

Speaking during the Kazakstan Oiland Gas Conference in London on 4 July, Wref Digings, BPs Vice President ExportDevelopment, has outlined the financial structure for the Baku-Tbilisi- Ceyhan(BTC) crude pipeline project. Mr Digings stressed that contrary to reports thathad appeared in the media the previous week, the BTC project remained open tointerested third parties - includingthose from Kazakstan - that wish tocommit...