Turkey’s Profit Of USD 700 Million From "Baku-Tbilisi-Ceyhan"

TURKEY’S PROFIT OF USD 700 MILLION FROM "BAKU-TBILISI-CEYHAN"
By Aghavni Haroutiunian

AZG Armenian Daily
18/07/2007

"About 1 million barrels of oil is pumped through Baku-Tbilisi-Ceyhan
pipiline per day", announced the representatives of "British Petroleum
– Azerbaijan" Company according to "Regnum" agency.

The same resource informs that after 2008 about 80% of the pumped
oil will flow from Azerbaijan.

The capacity of the pipeline is 50 M ton -with the aim of reaching
it to 80-90 M ton in the future.

At present 22 M ton oil has been pumped through the pipeline, and
Turkey has had a profit of 700 M dollars from Baku-Tbilisi-Ceyhan.

From: Emil Lazarian | Ararat NewsPress

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS