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BTC decreases oil transportation through Turkey

Oil&Gas Materials 1 July 2015 17:17 (UTC +04:00)

Baku, Azerbaijan, July 1

By Maksim Tsurkov - Trend:

Baku-Tbilisi-Ceyhan pipeline transported 112.84 million barrels of oil through Turkey in January-May 2015 or by 0.4 percent less than in the same period of 2014 (113.26 million barrels of oil), Turkey's BOTAS company said July 1.

In total, 260.68 million barrels of oil was transported via BTC through Turkey's territory in 2014, compared to 249.62 million barrels in 2013.

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), as well as, Inpex (2.5 percent), ConocoPhillips (2.5 percent) and ONGC (2.36 percent).

Moreover, some 71.58 million barrels of oil was transported via the Iraq-Turkey pipeline through Turkey's territory in January-May 2015 compared to 15 million barrels in the first five months of 2014. The pipeline transported 48.66 million barrels of oil in 2014, compared to 91.88 million barrels in 2013.

Ceyhan-Kirikkale pipeline transported 9 million barrels of oil through Turkey's territory in January-May compared to 9.71 million barrels a year earlier. In total, 22.21 million barrels of oil was transported via the Ceyhan-Kirikkale pipeline in 2014, compared to 23.74 million barrels a year earlier.

Batman-Dortyol pipeline transported 8.21 million barrels of oil in January-May 2015, compared to 5.2 million barrels in the same period of 2014.

Batman-Dortyol pipeline transported 14.45 million barrels of oil in 2014, compared to 11.61 million battles in 2013.

Edited by CN

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Follow the author on Twitter: @MaksimTsurkov

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