BAKU, Azerbaijan, June 2. Operation of the
Baku–Supsa Western Export Pipeline will be transferred to its
owners on June 8, bp’s Regional President for Azerbaijan, Georgia,
and Türkiye, Giovanni Cristofoli, told reporters at the Baku Energy
Week, Trend
reports.
According to him, the Baku–Supsa oil pipeline (Western Export
Pipeline) is currently fully operational and is being used as
needed. He noted that oil exports had already been carried out via
this pipeline approximately 3–4 months ago.
Giovanni Cristofoli noted that the company, in accordance with
its contractual obligations, is carrying out the process of
transferring pipeline operations to its owners. According to him,
this process will be completed on June 8 in both Georgia and
Azerbaijan.
He emphasized that this step does not constitute a sale of
assets or “divestment,” but merely the fulfillment of previously
signed contractual obligations, and the process is based on
government decisions. According to Cristofoli, operational control
of the pipeline is being returned to its owners in the respective
countries and is being carried out in accordance with the parties’
pre-agreed legal obligations.
