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BTC increases oil transportation

Oil&Gas Materials 15 December 2010 23:08 (UTC +04:00)

Azerbaijan, Baku, Dec.30 /Trend/

In January-November, the Baku-Tbilisi-Ceyhan (BTC) transported about 34.2 million tons of oil compared to 33.4 million tons in the same period of the last year, SOCAR reported.

As of Dec.1, since its commissioning, this pipeline transported about 140.8 million tons of oil.

In November, BTC transported about 3 million tons of oil.

During the reported period, the Turkish port of Ceyhan shipped about 34.1 million tons of oil to the world markets compared to 33.5 during the same period of 2009. So far, the port shipped about 138.7 million tons of oil to the world markets.

The BТС's total length is 1.768 kilometers including a 443-kilometer section running via Azerbaijan, a 249-kilometer section traversing Georgia and a 1.076-kilometer section passing through Turkey. The pipeline's construction began in April 2003. First oil was marked 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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