Oil transportation via BTC drops
Baku, Azerbaijan, March 26
By Maksim Tsurkov - Trend:
Baku-Tbilisi-Ceyhan (BTC) oil pipeline transported 5.8 million tons of oil in January-February 2016, compared to 5.9 million tons in the same period in 2015, said the report by Azerbaijan's State Statistical Committee.
BTC accounted for 80 percent of the total volume of oil transported via the country's main oil pipelines, the report said.
Azerbaijan's main oil pipelines transported 7.25 million tons of oil during the reporting period, according to 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 report said that 1.29 billion cubic meters of gas was transported via the South Caucasus gas pipeline (Baku-Tbilisi-Erzurum) in January-February 2016.
In total, 3.99 billion cubic meters of gas was transported via the country's main gas pipelines in January-February 2016, compared to 4.3 billion cubic meters in the same period in 2015.
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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