BTC transports over 11 million tons of oil in January-April
Azerbaijan, Baku, May 5 / Trend /
In January-April 2011, the Baku-Tbilisi-Ceyhan (BTC) export pipeline transported 11.4 million tons of oil compared to 11.9 million at the same period of 2010, the State Oil Company of the Azerbaijan Republic (SOCAR) reported. As of May 1, since its commissioning the BTC transported 155.5 million tons of oil.
In 2010, the BTC transported 37 million tons of oil compared to about 36.2 million tons in 2009.
In January-April, the Turkish port of Ceyhan sent 11.2 million tons of oil to the world markets compared to 11.5 million tons in January-April 2010. Since the launch of the Baku-Tbilisi-Ceyhan oil pipeline, the Ceyhan port sent 153.1 million tons of Azerbaijani oil to the world markets.
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 (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).