Turkmen oil transportation via BTC slightly decreases
Azerbaijan, Baku, October 18/Trend, E.Ismayilov/
In January-September 2013, the Baku-Tbilisi-Ceyhan (BTC) pipeline, which exports most of the oil produced in Azerbaijan, transported 2.1 million tons of Turkmen oil compared to 2.3 million tons in the same period of 2012, the State Statistics Committee told Trend on Friday.
"During the reporting period, around 2.1 million tons of transit Turkmen oil was transported from the Sangachal Terminal via the BTC pipeline," the agency said.
In 2012, the pipeline transported 3.1 million tons of Turkmen oil and 2.1 million tons in 2011.
Turkmen oil is transported via the BTC under the contract between SOCAR Trading and Dragon oil, producing oil in Turkmenistan.
Transportation of Turkmen oil via the BTC began in July 2010.
SOCAR Trading buys and transports oil from producers in Turkmenistan across the Caspian Sea to the BTC entrance flange at the Sangachal Terminal in Baku. The BTC Co. then transports the oil via the BTC to SOCAR Trading at the Mediterranean port of Ceyhan, Turkey.
BTC Co. shareholders are: BP (30.1 per cent); AzBTC (25 per cent); Chevron (8.9 per cent); Statoil (8.71 per cent); ТРАО (6.53 per cent); Eni (5 per cent); Total (5 per cent); Itochu (3.40 per cent); Inpex (2.5 per cent); ConocoPhillips (2.50 per cent); and ONGC (2.36 per cent).
The BTC's pumping capacity is 1.2 million barrels of oil per day.