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Over 800 million barrels of oil loaded from Ceyhan terminal on tankers

Oil&Gas Materials 9 January 2010 15:53 (UTC +04:00)

Azerbaijan, Baku, Jan. 9 / Trend E. Ismayilov /

Botas International Limited (BIL) has loaded roughly 1,022 tankers with oil pumped via BTC from Ceyhan oil terminal since June 2006, BIL said. BIL was first set up by Turkish State Pipeline Company Botas to establish cooperation with foreign companies. In 20001, BIL was reorganized to exploit BTC pipeline.

According to SOCAR, the Baku-Tbilisi-Ceyhan (BTC) transported about 36.2 million barrels of Azerbaijani oil in 2009. As of Jan. 1, 2010, about 106.5 million tons of oil was transported via this oil pipeline in total.

The BTC transported 1.9 million tons of the Kazakh oil from the Tengiz field in 2009 compared to 285,100 in 2008 (October-December).

The U.S Company ChevronTexaco launched transportation of Tengiz oil via BTC in October 2009. According to terms of the agreement, Tengiz oil will be transported via BTC and railway to Georgian ports (Kulevi and Batumi). Volumes of transported oil are expected to be increased up to 4 million tons per year.

About 36.3 million barrels of Azerbaijani oil in 2009 were transported from Turkish port of Ceyhan to the world markets in 2009, SOCAR said today. As of Jan. 1, 2010, about 104.7 million tons of oil was transported from Ceyhan to the world markets via this oil pipeline in total.

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.

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).

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