Azerbaijan reduces oil transportation via BTC
Baku, Azerbaijan, Nov.6
By Maksim Tsurkov - Trend:
Baku-Tbilisi-Ceyhan (BTC) oil pipeline has transported 24.11 million tons of Azerbaijani oil from Jan.-Oct. 2015, or 0.9 percent less than in the same period in 2014 (24.33 million tons), the company's website said.
Aside from Azerbaijani oil, the pipeline transports oil from Kazakhstan and Turkmenistan.
BTC transported 408,860 tons of Kazakh and Turkmen oil in October 2015.
Around 28.51 million tons of Azerbaijani oil was transported via the Baku-Tbilisi-Ceyhan pipeline in 2014, compared to 29.7 million tons in 2013.
The oil pipeline has transported a total of 287.94 million tons of oil since being commissioned.
Moreover, 23.97 million tons of oil was delivered to the world markets from Turkey's Ceyhan port from Jan.-Oct. 2015, compared to 24.59 million tons in the same period in 2014.
This is while 29.1 million tons of oil was delivered to the world markets from the port in 2014, compared to 29.2 million tons in 2013.
As of Nov.1, in total, 285.91 million tons of Azerbaijani oil was delivered to the world markets from Ceyhan port since the commissioning of the BTC pipeline.
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).
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