TODAY.AZ / Business

Volume of oil conveyed via BTC goes up

17 July 2014 [11:10] - TODAY.AZ
Around 17.6 million tonnes of oil was transported via the Baku-Tbilisi-Ceyhan (BTC) oil pipeline in Jan.-June 2014, versus 16.6 million tonnes in the same period of 2013, Azerbaijani State Statistical Committee said in its report.

"BTC accounted for 75 percent of the total volume of oil transported via the country's main oil pipelines in Jan.-June," the report said.

BTC transported some 33 million tonnes of oil in 2013, versus 32.9 million tonnes in 2012.

The country's main oil pipelines transported a total of 23.3 million tonnes of oil during the reporting period, which is 7.3 percent more than in Jan.-June 2013, the Statistical Committee said.

The total length of the B?? 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), ???? (6.53 percent), Eni (five percent), Total (five percent), Itochu (3.4 percent), Inpex (2.5 percent), ConocoPhillips (2.5 percent) and ONGC (2.36 percent).

The report said that some 3.1 billion cubic meters of gas was transported via the South Caucasus Pipeline (Baku-Tbilisi-Erzurum) in Jan.-June, versus 2.1 billion cubic meters in the same period of 2013.

Baku-Tbilisi-Erzurum gas pipeline transported around 4.7 billion cubic meters of gas in 2013, compared to four billion cubic meters in 2012.

A total of 11 billion cubic meters of gas was transported via the country's main gas pipelines in Jan.-June 2014, which is 9.8 percent more than in the same period of 2014, according to the report.

The length of the Baku-Tbilisi-Erzurum pipeline is over 700 km. The gas produced at the Shah Deniz field in the Azerbaijani sector of the Caspian Sea is transported via this pipeline and is supplied to Georgia and Turkey. Azerbaijan also is a buyer of this gas.



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