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BTC transports over 10 mln tons of oil in January-April

Oil&Gas Materials 10 May 2012 16:25 (UTC +04:00)

Azerbaijan, Baku, May 10 / Trend E.Ismayilov /

Some 10.24 million tons of Azerbaijani oil were transported via the export oil pipeline Baku-Tbilisi-Ceyhan (BTC) in January-April compared to 11.4 million tons in January-April 2011, the State Oil Company of Azerbaijan (SOCAR) said on Thursday.

As of May 1, 2012, about 186.02 million tons of oil were transported via this pipeline.
The Baku-Tbilisi-Ceyhan (BTC) oil pipeline transported over 32.2 million tons of oil in 2011 compared to 37 million in 2010.

About 10.08 million tons of Azerbaijani oil were delivered from the Turkish port of Ceyhan to the world markets in January-April 2012 compared to 11.2 million tons in January-April 2011. As of May 1, 2012, about 184.1 million tons of Azerbaijani oil were delivered from Ceyhan to the world markets.

Over 32.08 million tons of oil was delivered to the world markets from the Turkish port of Ceyhan in 2011 compared to 37.3 million tons in 2010.

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).

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