Oil transportation via BTC increases by almost 5%
Baku, Azerbaijan, Jan.19
By Emil Ismayilov - Trend:
Some 34.6 million metric tons of oil was transported via the Baku-Tbilisi-Ceyhan (BTC) oil pipeline in 2014, compared to 33 million metric tons in 2013, Azerbaijani State Statistical Committee said in its report on Jan.-Dec. 2014.
"Some 75 percent of the total volume of oil transported via the country's main oil pipelines accounted for BTC in 2014," said the report.
In total, 45.8 million metric tons of oil was transported via the main oil pipelines of the country during the reporting period, which is 5.1 percent more than in 2013, according to the State Statistical Committee.
The total length of the BТС is 1,768 kilometers including a 443 kilometer-long section running through Azerbaijan, a 249-kilometer long section in Georgia and a 1,076-kilometer long section in Turkey. The construction of the pipeline started in April 2003. It was filled with oil on May 18, 2005.
BTC Co. shareholders are: BP (30.1 percent), AzBTC (25 percent), Chevron (8.9 percent), Statoil (8.71 percent), ТРАО (6.53 percent), Eni (5 percent), Total (5 percent), Itochu (3.4 percent), Inpex (2.5 percent), ConocoPhillips (2.5 percent) and ONGC (2.36 percent).
Some 6.5 billion cubic meters of gas was transported via the South Caucasus gas pipeline (Baku-Tbilisi-Erzurum) in 2014, compared to 4.7 billion cubic meters in 2013, according to the report.
In total, 21.9 billion cubic meters of gas was transported via the main gas pipelines of the country in 2014, which is 9.4 percent more than in 2014, said the report.
The length of the Baku-Tbilisi-Erzurum gas pipeline exceeds 700 kilometers. The gas produced from the Shah Deniz gas and condensate field in the Azerbaijani sector of the Caspian Sea is transported via this pipeline. Gas is delivered to Georgia and Turkey. At the same time, Azerbaijan is also a gas buyer.
Edited by SI
Follow the author on Twitter: @Emilsmail