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Oil shipment via Baku-Tbilisi-Ceyhan ups

Oil&Gas Materials 1 May 2009 12:27 (UTC +04:00)

Azerbaijan, Baku, May 1 / Trend /

Over 800,000 barrels of oil is shipped via the Baku-Tbilisi-Ceyhan pipeline per day, a source from Azerbaijani oil industry said. The oil shipment via the pipeline was decreased to 600,000 barrels per day after the suspension of the central section of the Azeri field in the Azerbaijani section of the Caspian Sea. The oil production has been resumed on the platform.

Over 100,000 barrels of oil per day is shipped via the Baku Supsa pipeline, the source said. The oil shipment from the pipeline was suspended due to repair works for two years. The oil shipment via the pipeline was resumed in late 2008.

Azerbaijan ships oil produced from the Azeri-Chirag-Guneshli field via the aforesaid routes. The average daily oil production on the field is 900,000 barrels. Some 40,000 barrels accounts for Kazakh oil, which have been produced from the Tengiz (operator Chevron) field.

The construction cost of BTC is $4 billion.

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

The Azerbaijani International Operation Company (AIOC) is the operator of the Baku-Supsa pipeline.

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