Azerbaijani oil transportation via BTC decreases
Baku, Azerbaijan, May 8
By Maksim Tsurkov - Trend:
Around 9.56 million metric tons of Azerbaijani oil were transported via the Baku-Tbilisi-Ceyhan (BTC) oil pipeline in January-April 2015, which is 2.1 percent less than in the same period of 2014 (9.77 million metric tons), Azerbaijan's State Oil Company (SOCAR) said May 7.
Besides Azerbaijan's oil, the pipeline also transports the oil from Kazakhstan and Turkmenistan.
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.
Since its commissioning, the pipeline in general has transported 273.4 million metric tons of oil.
Some 9.24 million metric tons of oil were loaded from the Turkish port of Ceyhan to the world markets in January-April 2015 compared to 9.67 million metric tons in the same period of 2014.
Some 29.13 million metric tons of oil were loaded from the Turkish port of Ceyhan to the world markets in 2014 compared to 29.2 million metric tons in 2013.
As of April 1, 2015, some 271.2 million metric tons of Azerbaijani oil have been loaded from Ceyhan to the world markets since the commissioning of BTC pipeline.
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. 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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