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The last 2 posts

Tuesday, August 26th 2008, 8:51pm

by Heng Lee

BTC pipeline is a problem of many countries

The BTC pipeline is a problem of many countries when it shuts down.

It is vulnerable, but if all goes well, a huge economic success. Some treaties must be in place, but they cannot cover the pipeline's vulnerability.

As the discussion progresses, do not miss the Northern pasage opening up because of the ice melting. This will find newer routes, technology and buyers.

Monday, August 11th 2008, 5:30pm

by Kanagawa

What does the BTC pipeline have to do with oil prices?

Baku-Tbilisi-Ceyhan [BTC] Pipeline has been damaged. This is the first direct pipeline transporting crude from the Caspian Sea to the Mediterranean Sea without crossing the Russian territory.

The details of the pipeline :
Total length : 1,100 miles ( 443km through Azerbaijan, 249km through Georgia and 1,076km through Turkey).
End point : Ceyhan terminal, Turkey.
Cost : Nearly $ 4 billion
Peak capacity : 1 million bbl/day

The capacity of this pipeline is over 1% per day. Any disruption to this pipeline, i think, will have affect ton he oil prices

One consideration : How difficult would it be to protect a 1,100 mile long pipeline? Would it not be vulnerable even for small forces to damage it?

Any comments? :?: