Oil transportation via BTC rises
Baku, Azerbaijan, Nov. 17
By Emil Ismayilov - Trend:
In Jan.-Oct. 2014, the Baku-Tbilisi-Ceyhan (BTC) oil pipeline transported 29.1 million metric tons of oil versus 27.4 million metric tons in the same period of 2013, according to the Azerbaijani State Statistics Committee's report for 10 months of 2014.
"In January-October, three-quarters of all the oil transported via the country's pipeline networks accounted for the Baku-Tbilisi-Ceyhan oil pipeline," the report said.
In 2013, the BTC transported 33 million metric tons of oil versus 32.9 million metric tons in 2012.
The State Statistics Committee said that as a whole in the reporting period, the main oil pipelines of Azerbaijan transported 38.6 million metric tons of oil, or 6.8 percent more than in January-October 2013.
The BTC's total length is 1,768 kilometers, including the 443-kilometer section in Azerbaijan, 249-kilometer section in Georgia, and 1,076-kilometer section in Turkey. The pipeline's construction began in April 2003 and it was filled with oil on May 18, 2005.
BTC Co. was established on August 1, 2002 to realize the BTC oil pipeline construction project.
BTC Co. shareholders are BP (30.1 percent), AzBTC (25 percent), Chevron (8.9 percent), Statoil (8.71 percent), TPAO (6.53 percent), Eni (five percent), Total (five per cent), Itochu (3.40 percent), Inpex (2.5 percent), ConocoPhillips (2.50 percent) and ONGC (2.36 percent).
According to the report, in Jan.-Oct., the South Caucasus Pipeline (Baku-Tbilisi-Erzurum) transported 5.3 billion cubic meters of gas compared to 3.8 billion during the same period of 2013.
In 2013, the South Caucasus Pipeline transported 4.7 billion cubic meters of gas versus four billion cubic meters in 2012.
According to the State Statistics Committee, in Jan.-Oct. 2014, the main gas pipelines of Azerbaijan as a whole transported 17.6 billion cubic meters of gas, or 9.1 percent more than the same period of last year.
The Baku-Tbilisi-Erzurum pipeline is over 700 kilometers long. The pipeline transports gas from gas condensate field Shah Deniz in the Azerbaijani sector of the Caspian Sea.
The gas is supplied to Georgia and Turkey. Azerbaijan also buys the gas.
Edited by CN