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SOCAR to dispatch 18 light oil consignments from Ceyhan in May

Oil&Gas Materials 16 April 2009 12:38 (UTC +04:00)

Azerbaijan, Baku, April 16 / Trend /

The State Oil Company of Azerbaijan Republic (SOCAR) will dispatch 15 million barrels of light oil from the Turkish Ceyhan port in May. The company will dispatch a total of 18 light oil consignments from Ceyhan in May, the Energy Intelligence Group reported.

A total of 27 million barrels of oil will be dispatched from Ceyhan in May. The oil is pumped to the port through the Baku-Tbilisi-Ceyhan (BTC) pipeline.

Construction of the BTC cost $4 billion. BTC company shareholders include: BP (30.1%); AzBTC (25%); Chevron (8.90%); Statoil Hydro (8.71%); ТРАО (6.53%); Eni (5%); Total (5%); Itochu (3.40%); Inpex (2.50%); ConocoPhillips (2.50%) and Hess (2.36%). Pipeline's capacity is one million barrels of oil per day.

Ceyhan dispatch schedule for April provided by the Energy Intelligence Group:

Position

Date

Position holder

Volume(thousand barrels)

1.

01-03

Joint

600

2.

01-03

Joint

600

3.

02-04

Joint

600

4.

02-04

Socar

1,000

5.

03-05

Litasco

600

6.

03-05

Socar

800

7.

04-06

Joint

600

8.

04-06

Itochu

600

9.

05-07

Socar

800

10.

06-08

Chevron Devon

600

11.

07-09

Socar

800

12.

08-10

Socar

800

13.

08-10

Inpex

600

14.

09-11

Amerada Hess

600

15.

10-12

Socar

800

16.

11-13

Joint

1,000

17.

13-15

Socar

1,000

18.

14-16

Socar

800

19.

14-16

Statoil

600

20.

15-17

Socar

800

21.

16-18

Joint

600

22.

17-19

Socar

800

23.

18-20

Socar

800

24.

19-21

Tengizchevroil

600

25.

20-22

Socar

1,000

26.

21-23

Socar

800

27.

22-24

Chevron Devon

600

28.

22-24

Inpex

600

29.

23-25

Socar

800

30.

24-26

Socar

800

31.

26-28

Socar

800

32.

28-30

Socar

800

33.

29-31

Joint

2,000

34.

29-31

Statoil

600

35.

30-01/06

Socar

800

Total in May

27,000

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