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Oil transportation via BTC grows by 7%

Economy Materials 17 October 2014 19:54 (UTC +04:00)

Baku, Azerbaijan, Oct.17
By Emil Ismayilov - Trend:

Around 26.3 million metric tons of oil was transported via the Baku-Tbilisi-Ceyhan (BTC) oil pipeline in Jan.-Sept. 2014, compared to 24.6 million metric tons in the same period of 2013, Azerbaijan's State Statistical Committee said in its report for the first nine months of 2014.

"BTC accounted for 75 percent of the total volume of oil transported via the country's main oil pipelines in Jan.-Sept.," the report said.

BTC transported 33 million metric tons of oil in 2013, compared to 32.9 million metric tons in 2012.

The country's main oil pipelines transported a total of 34.8 million metric tons of oil during the reporting period, which is 7.2 percent more than in January-September 2013, the Statistical Committee said.

The total length of the BТС is 1,768 kilometers including a 443 kilometer long section running through Azerbaijan, a 249 kilometer long section in Georgia and a 1,076 kilometer long section in Turkey. The construction of the pipeline started in April 2003. It was filled with oil on May 18, 2005.

BTC Co. shareholders are: BP (30.1 percent), AzBTC (25 percent), Chevron (8.9 percent), Statoil (8.71 percent), ТРАО (6.53 percent), Eni (5 percent), Total (5 percent), Itochu (3.4 percent), Inpex (2.5 percent), ConocoPhillips (2.5 percent) and ONGC (2.36 percent).

The report said that some 4.7 billion cubic meters of gas was transported via the South Caucasus Pipeline (Baku-Tbilisi-Erzurum) in January-September 2014, compared to 3.1 billion cubic meters in the same period of 2013.

Baku-Tbilisi-Erzurum gas pipeline transported around 4.7 billion cubic meters of gas in 2013, compared to 4 billion cubic meters in 2012.

A total of 16 billion cubic meters of gas was transported via the country's main gas pipelines in January-September 2014, which is 9.6 percent more than in the same period of 2013, according to the report.

The length of the Baku-Tbilisi-Erzurum pipeline is over 700 km. The gas produced at the Shah Deniz field in the Azerbaijani sector of the Caspian Sea is transported via this pipeline and is supplied to Georgia and Turkey. Azerbaijan also is a buyer of this gas.

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