Economic Calendar

Thursday, August 14, 2008

BTC Pipeline to Open in One Week, Turkish Energy Ministry Says

Share this history on :

By Steve Bryant

Aug. 14 (Bloomberg) -- Turkey expects a pipeline carrying oil from Azerbaijan to the Mediterranean port of Ceyhan to reopen in a week after a blaze earlier this month, a spokesman for the Energy Ministry said.

Inspections of the Baku-Tbilisi-Ceyhan pipeline, run by BP Plc and partners, revealed no evidence of a bomb on the section in eastern Turkey that was engulfed in fire after a blast, spokesman Akif Sam said in a telephone interview. ``We think it was probably a malfunction,'' he said.

The Kurdistan Workers' Party, or PKK, had claimed responsibility for the pipeline explosion.

To contact the reporter on this story: Steve Bryant in Ankara at sbryant5@bloomberg.net.


No comments: