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Monday, October 31, 2005

Transneft to complete Baltic Pipeline System construction

MOSCOW, October 31 (RIA Novosti) - Russian pipeline monopoly Transneft plans to complete construction of its Baltic Pipeline System (BTS) in the first half of 2006, a senior company official said Monday. Sergei Grigoryev, company vice president, told an oil and gas forum in the Russian capital that BTS' annual capacity was estimated at 60 million metric tons. He also said the company's oil exports reached 187.2 million tons in the first nine months of 2005, including 60.6 million tons piped through Belarus and 25.8 million tons piped through Ukraine.

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