Baku, Azerbaijan, March 3
By Maksim Tsurkov – Trend:
More than 4.4 million tons of oil were transported via the Baku-Tbilisi-Ceyhan (BTC) pipeline in January-February 2017, as compared to 4.69 million tons transported in January-February 2016, Azerbaijan’s state oil company SOCAR said in a message posted on its website March 3.
In February 2017, 571,860 tons of Turkmen oil were transported via the BTC, as compared to 400,740 tons in February 2016.
In total, 325.94 million tons of oil were transported via the BTC pipeline since the beginning of its operation.
In January-February 2017, 4.13 million tons of oil (2.63 million tons of which accounted for the State Oil Fund of Azerbaijan (SOFAZ)) were sent from the Turkish port of Ceyhan to the world markets, as compared to 5.24 million tons in January-February 2016.
In total, 323.97 million tons of Azerbaijani oil were sent from Ceyhan to the world markets since the beginning of operation of the Baku-Tbilisi-Ceyhan pipeline.
Shareholders of the BTC pipeline are: BP (30.1 percent), AzBTC (25 percent), Chevron (8.9 percent), Statoil (8.71 percent), TPAO (6.53 percent), Eni (5 percent), Total (5 percent), Itochu (3.4 percent), Inpex (2.5 percent), CIECO (2.5 percent) and ONGC (2.36 percent).