Baku, Azerbaijan Feb. 21
By Maksim Tsurkov – Trend:
Capital expenditures on the Baku-Tbilisi-Ceyhan (BTC) oil pipeline totaled $58 million, while operating expenditures were nearly $118 million in 2016, a report on BP’s activity in Azerbaijan in 2016 said Feb. 21.
BTC exported 33.5 million tons (251 million barrels) of oil in 2016.
Since June 2006 and until Jan. 1, 2017, the BTC has transported a total of 349 million tons (about 2.61 billion barrels) of oil.
The total length of the BТС is 1,768 kilometers, including a 443-kilometer section running through Azerbaijan, a 249-kilometer section in Georgia and a 1,076-kilometer section in Turkey.
Construction of the pipeline started in April 2003. It was filled with oil on May 18, 2005.
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