BP Confirms Baku-Ceyhan Pipe Shut Down But Exports Continue

BP Confirms Baku-Ceyhan Pipe Shut Down But Exports Continue
dj
Τετ, 6 Αυγούστου 2008 - 12:54
BP PLC (BP) said Wednesday that the Baku-Tbilisi-Ceyhan, or BTC, oil pipeline it operates was shut down after a fire in Turkey but that exports continued.
BP PLC (BP) said Wednesday that the Baku-Tbilisi-Ceyhan, or BTC, oil pipeline it operates was shut down after a fire in Turkey but that exports continued.

The U.K. oil company said it didn't know what caused the fire at the 1 million barrels a day pipeline.

The incident happened in Eastern Turkey where local Kurdish separatists have vowed to attack the pipeline. However, a local official ruled out sabotage, according to Agence France-Presse citing the Anatolia news agency.

A BP spokeswoman in Azerbaijan said exports continued from the Ceyhan terminal in Turkey, using existing storage. Azeri production - which supplies the pipeline - was also unchanged and stored at Sangachal terminal, she said.

Once the situation is in control, the incident will be investigated, she said.

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