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Kazakhstan called reason of Tengiz oil pumping suspension via Baku-Tbilisi-Ceyhan

Oil&Gas Materials 18 February 2010 17:04 (UTC +04:00)

Azerbaijan, Baku, Feb.18/ Trend , K. Konyrova /

Kazakh Tengizchevroil JV stopped supplying its oil from the Tengiz oil field via Baku-Tbilisi-Ceyhan oil pipeline, because the Azerbaijani side has unilaterally raised tariffs for transit, Askar Baljanov, the Director General of Exploration and Production KazMunaiGas said at a press conference in Astana today.

He said that so the company refused the BTC and began to transport oil to the Georgian Black Sea port of Batumi, where it is transported by railway via Azerbaijan. KazMunayGaz is the owner of the oil terminal in Batumi.

In 2009, 1.9 million tons of oil from the Tengiz oil field were transported via the Baku-Tbilisi-Ceyhan pipeline. In 2008, (October-December) 285,100 tons of Kazakh oil was transported via the BTC.

The total length of the BTC pipeline is 1,768 kilometers, 443 km lies in Azerbaijan, 249 km - in Georgia, 1,076 km - in Turkey. Construction of the pipeline began in April 2003, and it filled with oil on May 18, 2005

BTC Co shareholders are: BP (30,1 percent); AzBTC (25 percent); Chevron (8,90 percent); Statoil (8,71 percent), TPAO (6.53 percent); Eni (5 percent); Total (5 percent); Itochu (3,40 percent); Inpex (2,50 percent); ConocoPhillips (2,50 percent) and Hess (2,36 percent).

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