...

Azerbaijan’s main oil pipelines reduce oil transportation

Oil&Gas Materials 16 October 2015 14:29 (UTC +04:00)

Baku, Azerbaijan, Oct.16

By Maksim Tsurkov - Trend:

Baku-Tbilisi-Ceyhan (BTC) oil pipeline transported 26.3 million tons of oil in Jan.-Sept. 2015 which is equal to the volume of transportation in the same period of 2014, said the report from Azerbaijan's State Statistical Committee.

BTC accounted for 75.7 percent of the total volume of oil transported via the country's main oil pipelines in Jan.-Sept. 2015, according to the report.

During the reporting period, the country's main oil pipelines transported 34.74 million tons of oil, or 0.2 percent less than in Jan.-Sept. 2014, said 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).

The South Caucasus Pipeline (Baku-Tbilisi-Erzurum) transported 4.76 billion cubic meters of gas in Jan.-Sept. 2015, compared to 4.7 billion cubic meters in the same period of 2014, said the report.

A total of 15.57 billion cubic meters of gas was transported via the country's main gas pipelines in Jan.-Sept., compared to 16 billion cubic meters in the same period of 2014, according to 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.

---

Follow the author on Twitter: @MaksimTsurkov

Tags:
Latest

Latest