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BTC transports nearly 30 million tons of oil in 2012

Oil&Gas Materials 14 January 2013 19:18

Azerbaijan, Baku, Jan. 14 / Trend E.Ismayilov /

In 2012, the Baku-Tbilisi-Ceyhan (BTC) oil pipeline transported nearly 29.67 million tons of oil compared to 32.2 million tons in 2011, SOCAR (the State Oil Company) reported on Monday.

As of Jan. 1, 2013, some 205.45 million tons of oil were transported through the pipeline during the whole period of its operation.

Over 32.2 million tons of Azerbaijani oil were transported through BTC in 2011 compared 37 million tons in 2010.

Some 26.8 million tons of oil were supplied to the world markets from the Ceyhan Turkish port in January-November compared to 30 million tons in January-November 2011.
As of Dec. 1, 2012, around 200.8 million tons of Azerbaijani oil were supplied to the world markets from Ceyhan during the whole period of its operation.
Over 29.3 million tons of oil were supplied to world markets from the Turkish port of Ceyhan in 2012 compared to 32.08 million tons in 2011.

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).

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