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European Commission welcomes opening of Baku-Tbilisi-Ceyhan oil pipe

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  • European Commission welcomes opening of Baku-Tbilisi-Ceyhan oil pipe

    European Commission welcomes opening of Baku-Tbilisi-Ceyhan oil pipeline

    ArmRadio.am
    14.07.2006 16:02

    The European Commission welcomes opening of Baku-Tbilisi-Ceyhan
    oil pipeline.

    "Baku-Tbilisi-Ceyhan oil pipeline will improve the security in regard
    to the supply of oil and diversification of its ways, which is one
    of our political objectives," European Commissioner on Energy Andres
    Pibalgsi said in as statement disseminated in Brussels. Yesterday he
    participated in the official opening ceremony of the pipeline.

    It is expected that by 2008 the volume of oil transported through
    BTC will reach 1 million barrels or 50 million tones annually.
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