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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.

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