Oil transportation through BTC down
BAKU, Azerbaijan, March 29
By Nargiz Ismayilova - Trend:
About 18.2 million barrels of oil were transported via the Baku-Tbilisi-Ceyhan (BTC) pipeline through Turkey in February 2020, which is 1.33 percent less than in the same period of last year, Trend reports referring to the statistics data posted on the official website of Turkey’s BOTAS Petroleum Pipeline Corporation.
During two months of 2020, over 38 million barrels of oil were transported via BTC through Turkey.
In total, 235.2 million barrels of oil were transported via BTC through Turkey in 2019, which is 8 percent less (255.7 million barrels of oil) compared to 2018.
The total length of the BTC pipeline is 1,768 kilometers, of which 443 kilometers run through the territory of Azerbaijan, 249 kilometers run through Georgia, and 1,076 kilometers go through Turkey. The construction of the pipeline began in April 2003, and it was first filled with oil on May 18, 2005.
The BTC Co. shareholders are: BP (30.1 percent); AzBTC (25.00 percent); Chevron (8.90 percent); Equinor (8.71 percent); TPAO (6.53 per cent); Eni (5.00 percent); Total (5.00 percent), ITOCHU (3.40 percent); INPEX (2.50 percent), ConocoPhillips (2.50 percent) and ONGC (BTC) Limited (2.36 percent).
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