Transportation of Azerbaijan’s oil via BTC increases
Baku, Azerbaijan, Feb. 9
By Emil Ismayilov - Trend:
In January 2015, the Baku-Tbilisi-Ceyhan (BTC) oil pipeline transported about 2.47 million metric tons of Azerbaijani oil versus 2.4 million metric tons in January 2014, Azerbaijan's State Oil Company (SOCAR) said Feb. 9.
Aside from Azerbaijan's oil, the pipeline also transports the oil from Kazakhstan and Turkmenistan.
Some 28.51 million metric tons of oil was transported via the Baku-Tbilisi-Ceyhan (BTC) oil pipeline in 2014, compared to 29.7 million metric tons in 2013
Since its commissioning, the pipeline in general has transported 266.31 million metric tons of oil.
In January 2015, some 2.48 million metric tons of oil was delivered from the Turkish port of Ceyhan to the world markets as compared to 2.21 million metric tons in 2013.
In total in 2014, some 29.13 million metric tons of oil was delivered from the Turkish port of Ceyhan to the world markets as compared to 29.2 million metric tons in 2013.
As of Feb. 1, 2015, about 264.42 million metric tons of Azerbaijani oil has been delivered from Ceyhan to world markets since the start of BTC's operation.
The total length of the BTC is 1,768 kilometers, of which 443 kilometers goes through Azerbaijan, 249 kilometers through Georgia and 1,076 through Turkey.
The pipeline's construction started in April 2003, and began flowing with oil on May 18, 2005.
Stockholders of the BTC Co., established on Aug 1, 2002, are BP (30.1 percent), AzBTC (25 percent), Chevron (8.9 percent), Statoil (8.71 percent), ТРАО (6.53 percent), Eni (five percent), Total (five percent), Itochu (3.40 percent), Inpex (2.5 percent), ConocoPhillips (2.5 percent) and ONGC (2.36 percent).
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