Over 130 million tons of oil transported via Baku-Tbilisi-Ceyhan oil pipeline
Azerbaijan, Baku, August 10 / Trend /
In January-July, about 21.6 million tons of oil were transported via the export pipeline Baku-Tbilisi-Ceyhan (BTC), SOCAR said. As of August 1 this year, about 128,1 million tons of oil were transported via the pipeline.
According to the report, about 3.4 million tons of oil were transported in July via the BTC.
About 21.8 million tons of oil were supplied in January-July from the Turkish port of Ceyhan to the world markets.
According to the report, about 3.5 million tons of oil were supplied in July from Ceyhan to the world market.
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.
About $4 billion were spent for BTC construction. Filling the pipeline, financial expenses and payment of bank interest are not included. Total amount of financial credit is $ 2.6 billion.
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).