BP SAYS 95 PER CENT OF MAJOR OIL PIPELINE'S AZERI SECTION COMPLETED-AGENCY

Text of report by Azerbaijani news agency Azartac

[No dateline as received] The construction of the Azerbaijani sector of
the Baku-Tbilisi-Ceyhan [oil] pipeline will be completed by the end of
2004, the press service of BP has told Azartac news agency.

At present, 95 per cent of work on the 443-kilometre-long section has
been completed. Oil will be transported via the pipeline to [Turkey's]
Ceyhan port in the second half of 2005.

Of 2.9bn dollars envisaged for the construction of the pipeline, 81 per
cent have been spent.

Source: Azartac news agency, Baku, in Azeri 0720 gmt 10 Nov 04

BBC Mon TCU 101104 fa/ra