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Some 27 million tons of Azerbaijani oil transported via BTC since early 2013

Oil&Gas Materials 7 December 2013 09:54 (UTC +04:00)

Baku, Azerbaijan, Dec.7
By Emil Ismayilov - Trend:

The Baku-Tbilisi-Ceyhan (BTC) oil pipeline transported 27.27 million tons of Azerbaijani oil in January-November 2013 compared to 27.33 million tons in January-November 2012, the State Oil Company of Azerbaijan (SOCAR) said on Dec.6.

In 2012, the Baku-Tbilisi-Ceyhan (BTC) transported 29.67 million tons of the Azerbaijani oil compared to over 32.2 million tons in 2011.

The BTC transported around 185,540 tons of Turkmen and some 243,680 tons of Kazakh oil in November. The transportation of Kazakh oil via the pipeline was resumed in August, SOCAR said.

As of December 1, 2013, about 232.72 million tons of oil was transported via BTC since its commissioning.

The Turkish port of Ceyhan shipped 27.07 million tons of oil to the world markets in January-November compared to 26.8 million tons in January-November 2012. As of December 1, 2013, the port shipped over 230.73 million tons of Azerbaijani oil to the world markets.

In 2012, the Turkish port of Ceyhan shipped 29.3 million tons of Azerbaijani oil to the world markets compared to over 32.08 million tons in 2011.

The total length of the pipeline BTC is 1768 kilometres of which 443 kilometres goes through Azerbaijan, 249 kilometres through the territory of Georgia and 1076 through the territory of Turkey.

Construction of the pipeline started in April 2003 and began flowing with oil on May 18 2005.

Stockholders of BTC Co established on August 2002 are BP (30.1 percent), AzBTC (25 percent), Chevron (8.9 percent), Statoil (8.71 percent), ТРАО (6.53 percent), Eni (5 percent), Total (five percent), Itochu (3.40 percent), Inpex (2.5 percent), ConocoPhillips (2.50 percent) and ONGC (2.36 percent).

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