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Turkish port of Ceyhan ups oil shipping

Oil&Gas Materials 2 March 2011 14:38 (UTC +04:00)

Azerbaijan, Baku, March 2 / Trend /

In January-February, the Baku-Tbilisi-Ceyhan (BTC) export pipeline transported 5.7 million tons of oil, which is almost similar to the same period in 2010, the the State Oil Company of the Azerbaijan Republic (SOCAR) reported on Wednesday.

This pipeline transports Azerbaijani crude oil produced in the Azeri-Chirag-Guneshli fields and Turkmen oil acquired by the company SOCAR Trading (subsidiary of SOCAR).

As of March 1, since its commissioning the BTC transported 149.2 million tons of oil.
In February, the pipeline transported 2.8 million tons of Azerbaijani oil.

Total in 2010, the BTC transported 37 million tons of oil compared to about 36.2 million tons in 2009.

In January and February, the Turkish port of Ceyhan sent 5.5 million tons of oil to the world markets compared to about 5.4 million tons in January-February 2010. Since the launch of the Baku-Tbilisi-Ceyhan oil pipeline, the Ceyhan port sent 147.4 million tons of Azerbaijani oil to the world markets.

In February, the port shipped 2.9 million tons of Azerbaijani oil, of which about 1.92 million tons of crude oil fell to SOCAR.

In 2010, the port sent 37.3 million tons to the world markets compared to 36.3 million tons in 2009.

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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