BAKU (AFX) – ConocoPhillips said it has bought a 2.5% stake in the Baku-Tbilisi-Ceyhan (BTC) oil pipeline currently under construction from BP PLC, the operator of the project, which after the deal now holds a 30.1% stake. Houston-based ConocoPhillips has an 8.3% stake in Kazakhstan’s massive Kashagan field and wants the option to export at…

This article is for Subscriber members only.
Log In Register