Statoil: First Caspian oil lifted in the Mediterranean

The British Hawthorn tanker recently left Ceyhan in Turkey with the first cargo of Caspian oil from the BP-operated Baku Tbilisi Ceyhan (BTC) oil pipeline, where Statoil has an 8.71% interest. The 1768-kilometre pipeline runs from Baku in Azerbaijan, via Tbilisi in Georgia, to the Turkish city of Ceyhan at the Mediterranean. The event marked the start of oil exports from Azerbaijan through BTC, bypassing the narrow Bosporos Strait in Turkey on the way to world markets.