Wednesday, September 10, 2008
BP shuts Baku-Supsa pipeline due to Georgia conflict
12 August 2008 - Reuters - BP has shut an oil pipeline to the Georgian Black Sea port of Supsa on security concerns due to a military conflict in the country, BP said on Tuesday, further limiting export options from the landlocked Caspian Sea. "We have decided to temporarily suspend Baku-Supsa as a precautionary measure. We are monitoring the situation in Georgia and will restart the pipeline when it becomes clear it can work safely," BP-Azerbaijan spokeswoman Tamam Bayatly said.