Bank Of Baku

BP shuts pipeline after fire in Turkey

BP shuts pipeline after fire in Turkey
# 07 August 2008 12:24 (UTC +04:00)
London-APA. BP PLC said it shut a key pipeline that pumps crude oil from the Caspian Sea to the Mediterranean on Wednesday, after a fire in Turkey, APA reports quoting Wall Street Journal newspaper.
A spokesman for BP said the company that operates the pipeline, known as Baku-Tbilisi-Ceyhan, or BTC, had declared force majeure, meaning it might not be able to meet all its oil-export commitments.
News of the fire pushed up oil prices, though they later eased.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED