ECONOMY
Baku-Tbilisi-Ceyhan (BTC) oil pipeline is serious source for income, BP Vice President on Turkey
Baku, June 10 (AZERTAC). Baku-Tbilisi-Ceyhan (BTC) oil pipeline is a serious source of income for Turkey, as well as a very prestigious project, said BP Vice President on Turkey Hakan Turker.
He also said one percent of the world`s oil passes through the BTC pipeline on a daily basis. According to him, BTC crosses 330 settlements in Turkey.
The Baku-Tbilisi-Ceyhan (BTC) pipeline is a 1,768 kilometres (1,099 mi) long crude oil pipeline from the Azeri-Chirag-Guneshli oil field in the Caspian Sea to the Mediterranean Sea. It connects Baku, the capital of Azerbaijan and Ceyhan, a port on the south-eastern Mediterranean coast of Turkey, via Tbilisi, the capital of Georgia. It is the second-longest oil pipeline in the former Soviet Union, after the Druzhba pipeline. The first oil that was pumped from the Baku end of the pipeline on 10 May 2005 reached Ceyhan on 28 May 2006. Construction of the pipeline began in April 2003 and it was filled with oil on May 18, 2005.
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