...

BTC transports more than 190 million barrels of oil in Jan.-Aug.

Oil&Gas Materials 26 September 2009 12:50 (UTC +04:00)

Azerbaijan, Baku, Sept.26. / Trend E.Ismayilov /

The Baku-Tbilisi-Ceyhan (BTC) transported about 190.4 million barrels of oil through Turkey in January to August, 2009, compared to 165.1 million in January-July, the Turkish state pipeline company Botas reported. 

In August, the BTC transported about 25.3 million barrels of oil compared to 25.6 million in July.

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. In January-August the BTC transported 1.2 million tons of 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 15.83 million barrels of oil through Turkey in August, compared to 15.84 million in July. The pipeline transported 116.3 million barrels of oil in January to August.

The Ceyhan-Kirikkale pipeline transported about 1.6 million barrels of oil through Turkey in August, compared to 2.1 million in July. The pipeline transported 13.2 million barrels of oil in January to August.

The Batman-Dordyol pipeline transported about 964,000 barrels of oil through Turkey in August, compared to 724,000 barrels in July. The pipeline transported 8.5 million barrels of oil in January-August.

Do you have any feedback? Contact our journalist at: [email protected]

Tags:
Latest

Latest