BTC OIL PIPELINE TO BE PROFITABLE
President of the BP-Azerbaijan Company David Woodward stated that Baku-Tbilisi-Ceyhan Main Export Pipeline would always be profitable.
As was informed, at words of Mr. Woodward, such a pipeline would bring profit even in existence of the lowest prices. If along the coming 30 years one barrel of oil will be realized at the world market on $10, then, the pipeline, from the standpoint of economy, will act as profitable object. And in the case if the prices of the transported oil via the pipeline will reduce to 1 dollar, only then operation of the pipeline may be suspended.
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