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Azerbaijan increases gas export via South Caucasus gas pipeline

Oil&Gas Materials 15 March 2012 18:14 (UTC +04:00)

Azerbaijan, Baku, March 16 / Trend E.Ismayilov /

Some 5.9 million tons of oil was transported via the Baku-Tbilisi-Ceyhan oil pipeline in Jan-Feb, 2012 against 6.1 million tons in Jan-Feb, 2011, the State Statistics Committee told Trend on Thursday.

"Some 77.1 per cent of oil volume transported via the country's oil-trunk pipelines fell to the BTC oil pipeline in Jan-Feb, 2012," the Committee said.

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).

Some 862.6 million cubic meters of gas was transported via the South Caucasus gas pipeline (Baku-Tbilisi-Erzerum) in Jan-Feb, 2012 against 760.4 million cubic meters in Jan-Feb, 2011.

The length of the Baku-Tbilisi-Erzurum pipeline (South Caucasus Pipeline) is more than 700 kilometers. Power flow is more than 20 billion cubic meters of gas a year. Gas produced at gas-condensate field Shah Deniz in Azerbaijan sector of the Caspian Sea is transported through this pipeline. Gas is supplied to Georgia and Turkey. Azerbaijan also buys gas.

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