BTC transports 5mln tons of Azerbaijani oil in January-February
Azerbaijan, Baku, March 11 / Trend /
The Baku-Tbilisi-Ceyhan (BTC) transported over 5.7 million tons of the Azerbaijani oil, the State Oil Company of Azerbaijan Republic (SOCAR) reported. As of March.1, since its commissioning, this pipeline transported 112,26 million tons of oil.
In February, the Turkish port of Ceyhan transported about 2.7 million tons of Azerbaijani oil compared to 3.04 tons in January.
In January-February, the Turkish port of Ceyhan shipped 5.4 million tons of Azerbaijani oil to the world markets.
So far, the port shipped 110 million tons of oil to the world markets.
In February, the Turkish port of Ceyhan shipped 2.5 million tons of Azerbaijani oil to the world markets.
The BTC transports mainly the Azerbaijani oil branded Azeri Light and small volumes of the Kazakh oil from the Tengiz field. But in early 2010, transportation of the Kazakh oil via this pipeline has been suspended.
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 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%).