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Oil transportation via BTC increases

Oil&Gas Materials 17 July 2010 16:07 (UTC +04:00)

Azerbaijan, Baku, July 17 / Trend /

About 18,2 million tons of Azeri Light crude oil were transported via Baku - Tbilisi - Ceyhan oil pipeline in the first half of this year compared to 17.7 million tons during the same period of last year, SOCAR said.

About 3.07 million tons were transported via the pipeline in June compared to 3.3 million tons in June last year, the company said. About 124,7 million tons of oil were transported since the beginning of transportation via the pipeline.

About 38,2 million tons were transported via BTC in 2009 compared to 32.8 million tons in 2008.

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 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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