Azerbaijan increases oil transportation via BTC

Baku, Azerbaijan, Dec. 8

Some 26.37 million tons of Azerbaijani oil was transported via Baku-Tbilisi-Ceyhan (BTC) export pipeline in January-November 2015 compared to 26.05 million tons, transported in the same period of the last year, SOCAR said Dec. 7.

In addition, Kazakh and Turkmen oil is also transported via the BTC - some 422.3 thousand tons of Kazakh and Turkmen oil was transported via BTC in November of this year.

Further on, 28.51 million tons of Azerbaijani oil was transported via BTC in 2014, compared to 29.7 million tons transported in 2013.

As a whole, 290.21 million tons of oil was transported after the commissioning of the pipeline.

It was also noted in the report that 26.34 million tons of oil was sent from the Turkish port of Ceyhan to the world markets in January-November 2015 compared to 26.44 million tons sent in the same period of 2014.

Also 29.1 million tons of oil was sent from the Turkey's Ceyhan port to the world markets in the last year compared to 29.2 million tons transported in 2013.

Since the commissioning of the Baku-Tbilisi-Ceyhan oil pipeline 288.28 million tons of Azerbaijani oil was sent to world markets from Ceyhan port as of Dec. 1, 2015.

The total length of BTC pipeline is 1.768 kilometers that 443 kilometer of it runs through Azerbaijan, 249 km through Georgia, 1076 km through Turkey. Construction of the pipeline began in April 2003 and it was filled with oil on May 18, 2005.

The shareholders of BTC Co, which was established by the first August of 2002 are: BP (30,1%), AzBTC (25%), Chevron (8,9%), Statoil (8,71 %), TPAO (6,53 %), Eni (5%), Total (5%), Itochu (3,4 %), Inpex (2,5 %), ConocoPhillips (2,5 %) and ONGC (2,36 %).