Azerbaijan Group Expects Washington To Stop Pressing For Ceyhan Route.
BP and Amoco, which are to merge by end-1998, continue to trade with the Turkish oil refiner Tupras. The energy ministry in Ankara had threatened that it would impose a ban on the purchase of crude oil from BP and Amoco if AIOC did not opt for the Ceyhan route. But AIOC is not saying openly what route it would take. On Dec. 4, when AIOC met with the Azeri state-owned NOC Socar in Baku, the consortium postponed for the third time a final decision on the route.
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|Publication:||APS Review Oil Market Trends|
|Date:||Dec 14, 1998|
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