BR100 Decreased By (-0.83%)
BR30 Decreased By (-1.36%)
KSE100 Decreased By (-0.81%)
KSE30 Decreased By (-0.79%)
BECO 5.53 Decreased By ▼ -0.10 (-1.78%)
BML 57.95 Decreased By ▼ -1.57 (-2.64%)
BOP 35.20 Decreased By ▼ -0.85 (-2.36%)
CNERGY 8.22 Decreased By ▼ -0.22 (-2.61%)
DCL 11.64 Decreased By ▼ -0.28 (-2.35%)
FCCL 56.90 Decreased By ▼ -1.17 (-2.01%)
FCSC 5.39 Decreased By ▼ -0.14 (-2.53%)
FFL 18.13 Decreased By ▼ -0.24 (-1.31%)
FNEL 1.31 Decreased By ▼ -0.01 (-0.76%)
HUMNL 11.18 Decreased By ▼ -0.32 (-2.78%)
KEL 8.15 Decreased By ▼ -0.29 (-3.44%)
KOSM 6.96 Decreased By ▼ -0.02 (-0.29%)
MLCF 100.52 Decreased By ▼ -1.95 (-1.9%)
NBP 203.51 Decreased By ▼ -3.96 (-1.91%)
PACE 11.21 Decreased By ▼ -0.36 (-3.11%)
PAEL 42.75 Decreased By ▼ -0.98 (-2.24%)
PIAHCLA 26.31 Decreased By ▼ -0.76 (-2.81%)
PIBTL 17.94 Decreased By ▼ -0.28 (-1.54%)
PPL 241.94 Decreased By ▼ -7.12 (-2.86%)
PRL 35.97 Decreased By ▼ -0.67 (-1.83%)
PTC 65.58 Decreased By ▼ -1.44 (-2.15%)
SEARL 94.40 Decreased By ▼ -1.52 (-1.58%)
SSGC 31.32 Increased By ▲ 0.69 (2.25%)
TELE 9.07 Decreased By ▼ -0.25 (-2.68%)
THCCL 67.62 Decreased By ▼ -1.63 (-2.35%)
TPLP 10.24 Decreased By ▼ -0.80 (-7.25%)
TREET 25.84 Decreased By ▼ -0.76 (-2.86%)
TRG 66.68 Decreased By ▼ -3.16 (-4.52%)
WAVES 11.05 Decreased By ▼ -0.22 (-1.95%)
WTL 1.29 Decreased By ▼ -0.02 (-1.53%)

The long-awaited first shipment of Caspian oil from the new Baku-Tbilisi-Ceyhan (BTC) pipeline got on its way on Sunday from a Turkish port, the Anatolia news agency said.
The loading of the crude oil onto the British Hawthorne, an 85,000-tonne capacity English tanker which had been anchored off Ceyhan, was completed late on Saturday.
The ship then set sail on Sunday for the Italian port of Savona, a senior official with the project, Gokmen Cologlu, told the agency.
After nearly 10 years in construction, the US-backed pipeline will pump Caspian oil via a route that bypasses Iran, Russia and Turkey's already overcrowded Bosphorus and Dardanelles straits.
It is expected to be officially inaugurated in July.
British oil giant BP, the leading company in the BTC project, faces criticism for delays in the completion of the four-billion dollar (3.14-billion euro) pipeline, which will carry crude from the Caspian Sea to western markets.
Officials from Turkey's state-owned oil and gas company BOTAS, a member of the BTC consortium, had previously said the loading, expected on May 27, had been delayed because other companies involved failed to complete the necessary paperwork.

Copyright Agence France-Presse, 2006

Comments

Comments are closed for this article.