The first Caspian oil was supplied to Turkey on the Baku-Tbilisi-Ceyhan pipeline. The loading of the first tanker began at the oil terminal Ceyhan in the southern Turkish province Adana, the television network CNN Turk reported on Monday. The loading is expected to be completed this week. The Baku-Tbilisi-Ceyhan oil pipeline is designed to transport 50 million tonnes of oil a year. The length of the pipeline is 1,768 kilometers, and 1,076 kilometers are passing in Turkey. The project costs about four billion dollars. The main shareholder and operator of the pipeline is British Petroleum (BP) that owns 30.1 percent of the pipeline’ s stock. The commissioning of the oil pipeline was postponed several times. It was initially planned to commission the oil pipeline in the end of 2004. The official opening ceremony of the pipeline is scheduled on July 13. Representatives of the governments from 16 countries, including the leadership of Turkey, Georgia and Azerbaijan will take part in the ceremony. According to Turkish local economic analysts, the Turkish revenues from the oil transit along the Baku-Tbilisi-Ceyhan pipeline may reach 300 million dollars a year. (Itar-Tass)