!! History Commons Alert, Exciting News
Itochu was a participant or observer in the following events:
The $4 billion US-backed Baku-Tbilisi-Ceyhan (BTC) pipeline officially opens. The pipeline begins in Baku, Azerbaijan and travels 1,762 km (1,000 miles) through Georgia to the Mediterranean port city of Ceyhan in Turkey. The pipeline has been under construction for ten years and was built by a consortium of oil companies including Amerada Hess, ConocoPhillips, Eni, Inpex, Itochu, Statoil, Total, SOCAR, TPAO, Unocal, and BP. The pipeline is expected to bring one million barrels of oil per day to the West. [Institution, 3/4/2003; BBC, 5/5/2005; BBC, 5/25/2005]
Entity Tags: Unocal, British Petroleum, TPAO, SOCAR, Total, Eni, ConocoPhillips, Amerada Hess, Inpex, Itochu, Statoil
Timeline Tags: US confrontation with Iran, Peak Oil
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