Friday, August 15, 2008

OIL: Refugees are moving; Oil are stopping

SCP line open; BTC, WREP lines remain shut down
Eric WatkinsSenior Correspondent

LOS ANGELES, Aug. 14 -- BP PLC has restored exports of natural gas from Azerbaijan into the South Caucasus Pipeline (SCP), but said the 150,000-b/d Western Route Export Pipeline (WREP) remains shut, as does the 1 million b/d capacity Baku-Tbilisi-Ceyhan (BTC) oil pipeline.


"We hope to restart the pipelines as soon as the situation becomes safe," said a BP spokesperson, who declined to predict when that would be.


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