Volume of oil transported by Azerbaijani railways to be increased

Oil&Gas Materials 27 August 2009 14:04 (UTC +04:00)

Azerbaijan, Baku, August 27 / Trend /

The volume of freight transported by Azerbaijani railways will increase by late 2009, Azerbaijani Railway CJSC said on August 27. 

The increase is expected to take place owing to an increase in the volume of oil transported from the terminal in Sangachal. Oil is transported from the Kazakh Tengiz oilfield and participants of the development project of the Azeri-Chirag-Guneshli fields, which are not participants of the Baku-Tbilisi-Ceyhan pipeline (Exxon Mobil and Devon).

Azerbaijani Railways CJSC said that 21,800 cisterns of oil were loaded from this terminal in seven months. This was 109 percent of the forecasted figure. 

According to the state statistical committee, 11.6 million tons of various freights were transported by railway in the seven months of 2009 compared to 16.4 million tons in January-July 2008. 

Azerbaijani Railway said that oil transportation from the Tengiz field is expected to increase by late 2009.

The transported oil is planned to increase to 4 million tons per year.

U.S ChevronTexaco Company has launched transportation of Tengiz oil through the Baku-Tbilisi-Ceyhan (BTC) pipeline in October 2008. Tengiz oil will be transported to Georgian ports (Kulevi and Batumi) via the BTC and by railroad, in accordance with the terms of the agreement.  

ChevronTexaco operates the Kazakh Tengiz field. The operator Tengizchevroil deals with the development of the contractual area.

Azerbaijan's State Oil Company owns the Georgian Black Sea terminal Kulevi but the Batumi terminal is owned by KazMunaiGaz.

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