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Over 2.1 billion barrels of oil shipped from Ceyhan terminal

Oil&Gas Materials 5 January 2015 15:49 (UTC +04:00)

Baku, Azerbaijan, Jan. 5

By Emil Ismayilov - Trend:

Turkish company Botas International Limited (BIL) has shipped slightly more than 2.1 billion barrels of oil from the Ceyhan oil terminal since June 2, 2006 until Jan. 5, 2015, versus over 1.84 billion barrels as of early January 2014, BIL said in a message on its official website.

BIL started operating the Baku-Tbilisi-Ceyhan (BTC) oil pipeline in Turkey in 2001.

Some 2,750 tankers have been dispatched from the terminal in the mentioned period, as compared to 2,392 tankers as of early January 2014, according to the message.

BTC's total length 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 and it was filled with oil on May 18, 2005.

BTC Co. was established Aug. 1, 2002 for the realization of the pipeline project.

BTC Co. shareholders include BP (30.1 percent), AzBTC (25 percent), Chevron (8.9 percent), Statoil (8.71 percent), TPAO (6.53 percent), Eni (five percent), Total (five percent), Itochu (3.4 percent), Inpex (2.5 percent), ConocoPhilips (2.5 percent) and ONGC (2.36 percent).

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