BTC's average operating efficiency exceeds 99 percent
Azerbaijan, Baku, Dec. 17 / Trend E.Ismayilov /
The average annual operating efficiency of the Baku-Tbilisi-Ceyhan pipleine (BTC) for 2009 is 98.4 percent, Botas International Limited (BIL) said in a statement posted on its Web site. The Turkish state pipeline company Botas set up the BIL for cooperation with foreign companies. In 2001 the company was reorganized to exploit the BTC pipeline.
The pipeline's effectiveness does not fall below 97 percent from last year. In November the index of the BTC's effectiveness was 99.3 percent, the company reported.
BIL started shipping oil from the Ceyhan terminal on June 2, 2006. Since then the company has shipped 997 tankers with 789 million barrels, the company said.
The BTC pipeline transported about 33.4 million tons of oil through Turkey from January to November 2009, SOCAR reported. As of Dec.1, the BTC has transported 103.7 million tons of oil since the pipeline's launch. In the November, BTC transported about 2.9 million tons of Azerbaijani oil.
BTC transports mainly Azeri Light and small volumes of Kazakh oil from the Tengiz field. In January-November BTC transported 1.8 million tons of oil from Tengiz. The index was 188,700 tons of oil in November.
BТС's total length is 1.768 kilometers including a 443-kilometer section running via Azerbaijan, a 249-kilometer section passing via Georgia and a 1,076-kilometer section traversing Turkey. Construction of the pipeline began in April 2003. The pipeline launched May 18, 2005.
A total of $4 billion was spent on. The credit allocated for the project totaled $2.6 billion.
BTC shareholders include BP (30.1 percent); AzBTC (25 percent); Chevron (8.90 percent); Statoil Hydro (8.71 percent); ТРАО (6.53 percent); Eni (5 percent); Total (5 percent); Itochu (3.40 percent); Inpex (2.50 percent); ConocoPhillips (2.50 percent) and Amerada Hess (2.36 percent).
Do you have any feedback? Contact our journalist at: [email protected]