BTC transports over 30 million tons of oil in Jan.-Nov.

Oil&Gas Materials 14 December 2012 12:34 (UTC +04:00)

Azerbaijan, Baku, Dec.14 / Trend /

In January-November, the Baku-Tbilisi-Ceyhan (BTC) oil pipeline transported 30.1 million tons of oil compared to 32.1 million tons during the same period of 2011, Azerbaijani State Statistics Committee told Trend on Friday.

"Three fourth of oil transported via main oil pipeline of the country accounted for Baku-Tbilisi-Cehyan oil pipeline in January-November," State Statistics Committee said.

The total length of BТС is 1.768 kilometers including the 443 kilometer section running via Azerbaijan, the 249 kilometer section via Georgia and the 1.076 kilometer via Turkey.
Construction of the pipeline began in April 2003 and it was filled with oil on May 18, 2005.

The shareholders of BTC are BP (30.1 percent), AzBTC (25 percent), Chevron (8.90 percent), Statoil (8.71 percent), TRAO (6.53 percent), Eni (5 percent), Total (5 percent), Itochu (3.40 percent), Inpex (2.50 percent), ConocoPhilips (2.50 percent) and Hess (2.36 percent).

The South Caucasus gas pipeline (Baku-Tbilisi-Erzurum) transported 3.6 billion cubic meters of gas in January-November compared to 3.6 billion in the same period of 2011.

The length of the Baku-Tbilisi-Erzurum (South Caucasian gas pipeline) is more than 700km. The gas produced from the Shah Deniz field in the Azerbaijani sector of the Caspian Sea is transported via the pipeline. The gas is supplied Georgia and Turkey. Azerbaijan also appears as the buyer of gas.