Chevron to start Kazakh oil flow to BTC in October (at Reuters)

BAKU, Oct 10 (Reuters) - A Kazakh oil group led by U.S. major Chevron (CVX.N: ) plans to start oil shipments via the BP-run (BP.L: ) Baku-Tbilisi-Ceyhan (BTC) pipeline in the second half of October, BP Azerbaijan said on Friday. "We expect to start pumping some volumes of Tengizchevroil's crude via the Baku-Ceyhan pipeline in the second half of October," company spokesman Tamam Bayatly said. She did not say how much oil was expected to be delivered. Tengizchevroil, struggling to expand its key pipeline export route, the Caspian Pipeline Consortium (CPC), had hoped to start alternative exports via Baku in mid-2007. A source at Azerbi state oil company Socar told Reuters last month Tengizchevroil could start... [read full story]