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BTC exports more than 130 million barrels of oil since its commissioning

Oil&Gas Materials 23 September 2010 17:19 (UTC +04:00)
The Baku-Tbilisi-Ceyhan (BTC) exported 133.4 million tons of the Azerbaijani oil since commissioning and till Sept.20, SOCAR’s first vice-president Khoshbakht Yusifzade said in an interview to the Azerbaijan's ruling party official website.

Azerbaijan, Baku, Sept. 23 / Trend, E.Ismayilov /

The Baku-Tbilisi-Ceyhan (BTC) exported 133.4 million tons of the Azerbaijani oil since commissioning and till Sept.20, SOCAR's first vice-president Khoshbakht Yusifzade said in an interview to the Azerbaijan's ruling party official website.

Azerbaijan exports its oil produced on the Azeri-Chirag-Guneshli offshore fields' block in the Azerbaijani sector of the Caspian Sea.

Yusifzade said at present Azerbaijan's oil and oil products are exported to 30 countries of the world.

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%).

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