The Azerbaijan State News Agency

ECONOMY

BTC PROJECT PROGRESSING ACCORDING TO SCHEDULE

23.04.2006 [16:09]
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The Baku-Tbilisi-Ceyhan (BTC) completion and line-fill activities have progressed steadily since the beginning of this year, BP Baku office said.

During the first quarter of this year the BTC has spent $247 million (including the costs of line-fill and financing) of the $641 million planned 2006 capital expenditure budget.

Linefill and completion of the pipeline are continuing in the Turkish section with the focus on the rigorous testing and commissioning activities in the next 440 km of the pipeline.

Following completion of Pump Station #3 (PT3) commissioning in early April the Company commenced linefill to Pump Station # 4 (PT4) on April 16.

The oil is currently moving from PT3 to (PT4) in Turkey at a rate of 175.000 barrels per day.