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BTC transports more than 160 million barrels of oil

Oil&Gas Materials 25 August 2009 15:34 (UTC +04:00)

Azerbaijan, Baku, Aug. 25 / Trend E.Ismayilov /

The Baku-Tbilisi-Ceyhan (BTC) transported about 165.1 million barrels of oil through Turkey in January to July, 2009, compared to 139.5 million barrels in January to June, the Turkish state pipeline company Botas. 

In July, this index was about 25.6 million barrels of oil compared to 25.9 million in June.

In 2008, the BTC transported about 264 million barrels of oil through Turkey.

The BTC transports mainly the Azerbaijani oil branded Azeri Light and small volumes of the Kazakh oil from the Tengiz field.

The total length of BТС is 1.768 kilometers including the 443 kilometer section running via Azerbaijan, the 249 kilometer section via Georgia and the 1.076 kilometer via Turkey. Construction of the pipeline began in April 2003 and it was filled with oil on May 18, 2005. 

A total of $4bilion has been spent for the construction of BTC not including fill-up of pipeline, financial expenses and payment of the bank rates. The credit allocated for the project totaled $2.6bilion.

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%).

The Iraq-Turkey pipeline transported about 16 million barrels of oil through Turkey in July, compared to 16.3 million in June. The pipeline transported 100.5 million barrels of oil in January to July.

The Ceyhan-Kirikkale pipeline transported about 2.1 million barrels of oil through Turkey in July, compared to 2 million in June. The pipeline transported 11.7 million barrels of oil in January to July.

The Batman-Dordyol pipeline transported about 724,000 barrels of oil through Turkey in July, compared to 1.5 million in June. The pipeline transported 7.6 million barrels of oil in January-July.

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