U.S. Department of State Hails Launch of BTC

In a statement issued on May 25 the U.S. Department of State welcomed the launch of pumping oil through the Baku-Tbilisi-Ceyhan (BTC) oil pipeline as ?a major success for the U.S. goal of enhancing and diversifying global energy supplies.?

?The BTC pipeline will reinforce the sovereignty and prosperity of Azerbaijan and Georgia. BTC will further integrate Azerbaijan and Georgia into the international free market economy and promote their development, while advancing our shared goal of developing multiple oil and gas export routes. The BTC pipeline will also enhance Turkey’s emerging role as an energy transportation hub and help reduce oil tanker traffic congestion in the Bosporus and Dardanelles straits,? the statement reads.

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