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Volume of Azerbaijani oil transportation via BTC rose in January

Oil&Gas Materials 19 February 2015 13:10 (UTC +04:00)

Baku, Azerbaijan, Feb.19

By Maksim Tsurkov - Trend:

Around 3.1 million metric tons of Azerbaijani oil was transported via the Baku-Tbilisi-Ceyhan (BTC) oil pipeline in January 2015, compared to 2.9 million metric tons in January 2014, the country's State Statistical Committee said in its report on January.

"BTC accounted for 78.9 percent of the total volume of oil transported via the main oil pipelines of the country in January," said the report.

The Statistical Committee said that during the reporting period, a total of 3.9 million metric tons of oil was transported via the country's main oil pipelines, which is 5.4 percent more than in January 2014.

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).

The report said that 636.8 million cubic meters of gas was transported via the South Caucasus gas pipeline (Baku-Tbilisi-Erzurum) in January 2015, compared to 700,000 cubic meters in January 2014.

In total, 2.3 billion cubic meters of gas was transported via the country's main gas pipelines in January 2015, which is 15 percent more than in January 2014.

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

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Follow the author on Twitter: @MaksimTsurkov

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