BTC Oil Pipeline Scheduled To Pump 23.8M Barrels In Aug-Trade

12th Jul 2010 11:55

LONDON (Dow Jones)--The Baku-Tbilisi-Ceyhan oil pipeline is expected to pump 23.8 million barrels of crude oil in August, 2.17 million barrels less than the July program, a crude oil trader who had seen the loading schedule told Dow Jones Newswires Monday. August loadings will amount to 769,355 barrels of oil a day, compared with 839,355 barrels of oil a day in July, the trader said. The August program includes six cargoes of one million barrels, the trader said. BP PLC (BP) is a 30% stakeholder in the BTC pipeline, which carries Azeri crude from Baku in Azerbaijan to Turkey's Mediterranean port of Ceyhan. -By Reza Amanat, Dow Jones Newswires; +44 (0)20 7842 9287; [email protected] (END) Dow Jones Newswires July 12, 2010 06:55 ET (10:55 GMT)