SOCAR exports about 23 mln tons of oil from Ceyhan

Oil&Gas Materials 5 January 2012 15:44 (UTC +04:00)

Azerbaijan, Baku, Jan.5/ Trend , E.Ismayilov /

The Marketing and Economic Operations Management of the State Oil Company of the Azerbaijan Republic (SOCAR) exported 22.97 million tons of oil in 2011 compared to 27.27 million tons of oil through the Turkish port of Ceyhan in 2010, the company said on Thursday.

Oil is supplied to the Ceyhan port through the main export pipeline Baku-Tbilisi-Ceyhan (BTC).

According to the report, SOCAR exported about 1.65 million tons of oil from Ceyhan in December.

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).