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BTC transports over 24mln tons oil

Oil&Gas Materials 14 September 2011 20:12 (UTC +04:00)

Azerbaijan, Baku, Sept. 14 / Trend, E.Ismayilov /
In January-August 2011, the Baku-Tbilisi-Ceyhan (BTC) oil pipeline transported 24.3 million tons of oil compared to 25.3 million at the same period of 2010, the State Statistics Committee of the Azerbaijan reported.
About 38.3 million tons of oil were transported via BTC in 2010.
In particular, in January-August, BTC has transported 1.4 million tons of transit Turkmen oil compared to 460,200 tons in January-August last year. Transportation of Turkmen oil via the BTC began in July last year.
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).
In January-August, the South Caucasus gas pipeline (Baku-Tbilisi-Erzurum) transported 3.0 billion cubic meters of gas compared to 3.6 billion cubic meters of gas in January-August 2010. The gas pipeline transported 4.9 billion cubic meters of gas in 2010.
The range of the Baku-Tbilisi-Erzurum (South Caucasian gas pipeline) is more than 700 km. The pumping capacity is more than 20 bln cu m of gas per year. The gas produced from the Shah Deniz field in the Azerbaijani sector of the Capian Sea is transported via the pipeline. The gas is supplied Georgia and Turkey. Azerbaijan also appears as the buyer of gas.

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