Bank Of Baku

Kazakhstan oil will flow via Baku-Ceyhan pipeline next week

Kazakhstan oil will flow via Baku-Ceyhan pipeline next week
# 10 October 2008 09:50 (UTC +04:00)
The company said the introduction of Tengiz oil into the BTC has been discussed for years and isn’t a newfound response to the gas leak-caused slowdown at the Azeri-Chirag-Gunashli fields in the Azerbaijan sector of the Caspian Sea.
"There was always spare capacity available in the BTC," said the information posted.
Tengiz crude is not as sweet as Azeri Light but is a lighter crude oil and yields more light products at the refinery and less residue. The mixture of these two crudes means there will be only a minor change in the quality of the crude in mid-November, the statement said.
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