...

Ceyhan oil terminal loads over 1,570 tankers

Oil&Gas Materials 1 July 2011 11:33 (UTC +04:00)

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

As of July 1, Botas International Limited (BIL) shipped over 1.22 billion barrel of oil from Ceyhan oil terminal via the Baku-Tbilisi-Ceyhan (BTC) oil pipeline from June 2, 2006 to the present period compared to 1.2 billion barrels as of June 1, a statement posted on the official website of BIL said.
BIL was initially founded by the Turkish state pipeline company Botas to establish cooperation with foreign companies. In 2001, BIL was reorganized to use the BTC.
According to the report, during this period 1,573 tankers were loaded at the terminal compared to 1,542 tankers as of June 1.
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).

Tags:
Latest

Latest