BTC increases oil transportation

Oil&Gas Materials 8 October 2010 17:05 (UTC +04:00)

Azerbaijan, Baku, Oct.8 / Trend /

The Baku-Tbilisi-Ceyhan (BTC) transported about 27.3 million tons of the Azerbaijani oil in January-September, the State Oil Company of Azerbaijan Republic (SOCAR) reported. As of Oct.1, since its commissioning, this pipeline transported 134.5 million tons of oil.

In August, BTC transported about 3.14 million tons of oil.

During the report period, the Turkish port of Ceyhan shipped about 27.9 million tons of oil to the world markets compared to 27.4 during the same period of 2009. So far, the port shipped 132.5 million tons of oil to the world markets.

In September, the Turkish port of Ceyhan shipped 3 million tons of Azerbaijani oil to the world markets.

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%).