Shipment of Kazakh oil via Baku-Tbilisi-Ceyhan to up in June

According to the shipment schedule provided by the Energy Intelligence
Group, two consignments of Tengiz oil will be shipped from Ceyhan in
June. The first consignment will be shipped on June 2 to 4 and second
- June 21 to 23.

American ChevronTexaco began transport of Tengiz oil via the BTC in
2008. The Kazakh oil will be shipped via the BTC and railway until
Kulevi and Batumi ports of Georgia. Tengiz is operated by
ChevronTexaco.

BTC shareholders include BP (30.1%); AzBTC (25%); Chevron (8.90%);
Statoil Hydro (8.71%); ???? (6.53%); Eni (5%); Total (5%); Itochu
(3.40%); Inpex (2.50%); ConocoPhillips (2.50%) and Amerada Hess
(2.36%).

Kulevi terminal on the shore of the Black Sea is owned by the SOCAR
and Batumi oil port is owned by KazMunayGaz.

/Trend Capital/