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SOCAR exports 10 million tons of oil from Ceyhan in January-May

Oil&Gas Materials 1 June 2011 18:27 (UTC +04:00)

Azerbaijan, Baku, June 1 / Trend E. Ismayilov /

The Marketing and Economic Operations Management of the State Oil Company of the Azerbaijan Republic (SOCAR) exported about 9.75 million tons in January-May compared to 7.84 million tons of oil through the Turkish port of Ceyhan in January-April, the company reported.
SOCAR exported about 1.91 million tons of oil from Ceyhan in May compared to 2.25 million tons in April.

The Marketing and Economic Operations Management exported 27.27 million tons of oil via BTC in 2010 compared to 24.6 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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