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SOCAR exports over 18 mln tons of oil from Ceyhan since early 2013

Oil&Gas Materials 3 December 2013 18:23 (UTC +04:00)

Baku, Azerbaijan, Dec.3

By Emil Ismayilov - Trend:

The Marketing and Economic Operations Department of the State Oil Company of Azerbaijan (SOCAR) exported 18.28 million tons of oil from the Turkish port of Ceyhan in January - November 2013 compared to 18.55 million tons in January-November 2012, SOCAR said on Dec.3.
According to the statement, 1.83 million tons were exported from Ceyhan in November compared to 1.46 million tons in November last year.

The Marketing and Economic Operations Department exported 20.2 million tons of Azerbaijani oil from the 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 on 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).

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