Transportation of Azerbaijan’s oil via BTC decreases in 2014
Baku, Azerbaijan, Jan. 7
By Emil Ismayilov - Trend:
In 2014, the Baku-Tbilisi-Ceyhan (BTC) oil pipeline transported about 28.51 million metric tons of Azerbaijani oil versus 29.7 million metric tons in 2013, Azerbaijan's State Oil Company (SOCAR) said Jan. 7.
Aside from Azerbaijan's oil, the pipeline also transports the oil from Kazakhstan and Turkmenistan.
Since its commissioning, the pipeline in general has transported 263.65 million metric tons of oil.
The message said that last year some 29.13 million metric tons of oil was delivered from the Turkish port of Ceyhan to the world markets as compared to 29.2 million metric tons in 2013.
As of Jan. 1, 2015, about 271.16 million metric tons of Azerbaijani oil has been delivered from Ceyhan to world markets since the start of BTC's operation.
The total length of the BTC is 1,768 kilometers, of which 443 kilometers goes through Azerbaijan, 249 kilometers through Georgia and 1,076 through Turkey.
The pipeline's construction started in April 2003, and began flowing with oil on May 18, 2005.
Stockholders of the BTC Co., established on Aug 1, 2002, are BP (30.1 percent), AzBTC (25 percent), Chevron (8.9 percent), Statoil (8.71 percent), ТРАО (6.53 percent), Eni (five percent), Total (five percent), Itochu (3.40 percent), Inpex (2.5 percent), ConocoPhillips (2.5 percent) and ONGC (2.36 percent).
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