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Over 4.6 million tons of Azerbaijani oil exported from Ceyhan port in Jan.-Feb.

Oil&Gas Materials 11 March 2013 18:17 (UTC +04:00)

Azerbaijan, Baku, March 11/ Trend, E.Ismayilov /

Around 4.63 million tons of Azerbaijani oil delivered through the Baku-Tbilisi-Ceyhan oil pipeline were exported from the Turkish port of Ceyhan in January-February 2013, SOCAR said on Monday.

The volume of oil exports from Ceyhan totaled about 2.3 million tons in Jan., of which about 1.7 million tons of oil fell to the Azerbaijani State Oil Fund.

In 2012 the Marketing and Economic Operations Department exported 20.2 million tons of oil from the Turkish port of Ceyhan compared to 22.97 million tons in 2011.

In general, around 208.3 million tons of oil were exported from the Turkish port within the whole period of the Baku-Tbilisi-Ceyhan oil pipeline exploitation.

Oil is supplied to the Ceyhan port through the Baku-Tbilisi-Ceyhan (BTC) oil pipeline.

The BТС's total length is 1768 kilometres including a 443-kilometre section running via Azerbaijan, a 249 kilometre section traversing Georgia and a 1076 kilometre section passing through Turkey. The pipeline's construction began in April 2003. The first oil was marketed on May 18, 2005.

BTC Co. shareholders include: BP (30.1 per cent), AzBTC (25 per cent), Chevron (8.90 per cent), Statoil Hydro (8.71 per cent), ТРАО (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 Amerada Hess (2.36 per cent). The latter sold its share to Indian ONGC. The transaction will be completed in the first quarter of 2013.

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