Oil transportation via BTC rises
Baku, Azerbaijan, July 18
By Maksim Tsurkov - Trend:
The volume of oil transportation via the Baku-Tbilisi-Ceyhan (BTC) oil pipeline in H1 of 2015, totaled 17.9 million metric tons, or 1.7 percent more than in the same period of 2014, Azerbaijani State Statistical Committee said in its report on H1 of 2015.
The report said that BTC accounted for 76.3 percent of the oil transported via the country's main oil pipelines in Jan.-June 2015.
During the reporting period, 23.4 million metric tons of oil was transported via Azerbaijan's main oil pipelines, or 0.4 percent more than in the same period of 2014, said the report.
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 3.6 billion cubic meters of gas was transported via the South Caucasus Pipeline (Baku-Tbilisi-Erzurum) in Jan.-June, compared to 3.1 billion cubic meters in the same period of 2014.
In total, 11.4 billion cubic meters of gas was transported via the country's main gas pipelines in Jan.-June 2015, compared to 11 billion cubic meters in the same period of 2014, according to the Statistical Committee.
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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