BTC transports over 34 mln tons of oil

Oil&Gas Materials 18 January 2012 17:21 (UTC +04:00)

Azerbaijan, Baku, Jan.18 /Trend E.Ismayilov/

The BTC oil pipeline transported over 34.5 million tons of oil in 2011 compared to 38.3 million in 2010, the Azerbaijani State Statistics Committee told Trend on Wednesday.

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 are: BP (30.1 per cent), AzBTC (25 per cent), Chevron (8.90 per cent), Statoil (8.71 per cent), TPAO (6.53 per cent), Eni (5 per cent), Total (5 per cent), Itochu (3.40 per cent), Inpex (2.50 per cent), ConocoPhillips (2.50 per cent) and Hess (2.36 per cent.)