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Some 1.8 bln barrels of oil shipped from Ceyhan oil terminal

Oil&Gas Materials 1 November 2013 10:24 (UTC +04:00)

Azerbaijan, Baku, Nov. 1 /Trend E. Ismayilov/

As of November 1, 2013, around 1.8 billion barrels of oil have been shipped since June 2, 2006 by Turkish Botas International Limited (BIL) Company compared to 1.78 billion barrels as of October 1, a report published on the BIL official website said today.

Since 2001 BIL has been engaged in the exploitation of the Baku-Tbilisi-Ceyhan oil pipeline over the territory of Turkey.

Around 2,330 tankers were shipped from Ceyhan during the reporting period compared to 2,304 tankers with oil as of October 1, 2013, the report said.

The total length of the BTC pipeline is 1768 kilometres of which 443 goes through Azerbaijan, 249 kilometres through Georgia and 1076 through Turkey.

Construction of the pipeline started in April 2003 and began flowing with oil on May 18, 2005.
Stockholders of BTC Co established on August 1, 2002 are BP (30.1 per cent), AzBTC (25 per cent), Chevron (8.9 per cent), Statoil (8.71 per cent), ТРАО (6.53 per cent), Eni (5 per cent), Total (5 per cent), Itochu (3.40 per cent), Inpex (2.5 per cent), ConocoPhillips (2.50 per cent) and ONGC (2.36 per cent).

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