Iran News ...


08/25/08

Azerbaijan begins oil exports via Iran

Press TV - Iran has become the new route for oil exports from Azerbaijan after conflicts disrupted its crude supply through Georgia and Turkey.

Azerbaijan has delivered its first oil cargo to the National Iranian Oil Terminals Company for transit purposes, Shana news agency reported.

An explosion by separatist Kurdish rebels has disrupted Azeri oil exports through Turkey. Azerbaijan oil supplies through Georgia were also cut due to a military conflict between Moscow and Tbilisi prompted by a Georgian attack on the independence-seeking South Ossetia.

On Wednesday, an official in the state-run Azeri oil company Socar told Bloomberg on condition of anonymity that crude exports through the country's southern neighbor depended on the status of the world's second largest pipeline (the Baku-Tbilisi-Ceyhan pipeline).

"If the BTC is operating, there'll be no need to export via Iran," he was quoted as saying.


BTC Pipeline

The pipeline extending from Baku to Supsa transported a daily 90,000 barrels of crude from the Azeri capital to the Georgian port in the Black Sea before the Georgian conflict.

According to news reports, Azeri oil is delivered from Sangachal Terminal in the south of Baku to the Iranian port of Neka in the Caspian Sea. An equivalent amount of crude oil is reportedly then presented by Iran at Khark Island in the Persian Gulf.

... Payvand News - 08/25/08 ... --



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