Azerbaijan, Baku, May 8 / Trend /
In January-March, about 8.7 million tons (65 million barrels) of oil Azerbaijani light oil and condensate extracted from Azeri-Chiraq-Gunashli and Shah Deniz were exported via the Baku-Tbilisi-Ceyhan (BTC) pipeline, BP (operator of the project) said.
In 2008, capital expenditures on BTC totaled $164 million. Plan of capital expenditures for 2009 is $143 million (indicator stood at $18 million in the first quarter).
The BTC planned capacity is 1 million barrels. In March 2009, the BTC capacity was increased up to 1.2 million barrels per day due to use of chemical reagents to reduce friction.
About 760 tankers (600 million barrels - about 80 million tons of oil) have been transported from Ceyhan since the oil transport from the port launched in June 2006.
The BTC pumps oil from Azeri-Chiraq-Gunashli, condensate from Shah Deniz and some volume of oil from Tengiz. The BTC first pumped Kazakhstan's Tengiz oil in Oct. 2008.
BTC Co. 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 Amerada Hess (2.36%).