Azerbaijan, Baku, March 3 / Trend E.Ismayilov /
Botas International Limited (BIL) has loaded roughly 1,073 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 2001, BIL was reorganized to exploit BTC pipeline.
During the report period, the part shipped over 844 million barrels of oil. The BTC pipeline transports oil from the Azeri-Chirag-Guneshli block of fields in the Azerbaijani sector of the Caspian Sea.
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.
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).
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