What the Transfer of BTC from BP plc to SOCAR Means The Baku–Tbilisi–Ceyhan Company (BTC Co) has transferred the operatorship of the Baku–Tbilisi–Ceyhan pipeline from BP Exploration (Caspian Sea) Limited to a subsidiary of SOCAR — SOCAR Midstream Operations (SMO) LLC. This was announced by BP-Azerbaijan. The transfer covers all three sections of the oil pipeline — the Azerbaijani, Georgian, and Turkish se...

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