Oil Export from Turkish Port of Ceyhan Continues: BP Representative

Oil&Gas Materials 6 August 2008 20:20 (UTC +04:00)

Azerbaijan, Baku, 6 August / Trend / The export of oil from the Turkish Port of Ceyhan continues, said the representative of British company BP, Robert Wine, Bloomberg reported. In connection with the explosion and fire on one of the bolts in the Turkish section of Baku-Tbilisi-Ceyhan pipeline, the oil transportation via the pipeline temporarily stopped.

"BP continues exporting oil from the Ceyhan Port in Turkey," Wine said.
BP is the operator of the pipeline on the territory of Azerbaijan and Georgia. The operator of the Turkish section of the pipeline is the company Botas International Limited.

According to the Energy Minister of Turkey, the repair of pipeline can take several days.

The total length of BTC is 1,768km, 443km running through Azerbaijan, 249 - Georgia and 1,706 - Turkey. The construction of the pipeline began in April 2003 and it was made operational on 18 May 2005.

The shareholders of BTC are BP (30.1%), AzBTC (25%), Chevron (8.90%), StatoilHydro (8.71%), TRAO (6.53%), Eni (5%), Total (5%), Itochu (3.40%), Inpex (2.50%), ConocoPhilips (2.50%) and Hess (2.36%).