SOCAR increases oil export from Ceyhan port in May
Azerbaijan, Baku, June 3 / Trend, E.Ismayilov /
The Marketing and Economic Operations Management of the State Oil Company of the Azerbaijan (SOCAR) exported about 8.39 million tons of oil in January-May 2013 compared to 8.73 million tons in January-May 2012 through the Turkish port of Ceyhan, the company said today.
In May the Marketing and Economic Operations Management exported 1.97 million tons of Azerbaijani oil from the Turkish Ceyhan Port compared to about 1.72 million tons in May 2012.
The Marketing and Economic Operations Management exported 20.2 million tons of Azerbaijani oil from port of Ceyhan in 2012 compared to 22.97 million tons in 2011.
Oil is supplied to the Ceyhan port through the main export pipeline Baku-Tbilisi-Ceyhan (BTC).
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.
The shareholders of BTC are BP (30.1 per cent), AzBTC (25 per cent), Chevron (8.90 per cent), Statoil (8.71 per cent), TRAO (6.53 per cent), Eni (5 per cent), Total (5 per cent), Itochu (3.40 per cent), Inpex (2.50 per cent), ConocoPhilips (2.50 per cent) and ONGC (2.36 per cent).