Today.Az » Business » Shipment of Kazakh oil via Baku-Tbilisi-Ceyhan to up in June
14 May 2009 [10:54] - Today.Az
U.S.-Kazakhstan joint venture Tengizchevroil will ship 1.2 million
barrels of Kazakh oil from the Tengiz field from the Turkish port of
Ceyhan in June compared to 600,000 barrels in May.
According to the shipment schedule provided by the Energy Intelligence Group, two consignments of Tengiz oil will be shipped from Ceyhan in June. The first consignment will be shipped on June 2 to 4 and second - June 21 to 23.
American ChevronTexaco began transport of Tengiz oil via the BTC in 2008. The Kazakh oil will be shipped via the BTC and railway until Kulevi and Batumi ports of Georgia. Tengiz is operated by ChevronTexaco.
BTC shareholders include BP (30.1%); AzBTC (25%); Chevron (8.90%); Statoil Hydro (8.71%); ???? (6.53%); Eni (5%); Total (5%); Itochu (3.40%); Inpex (2.50%); ConocoPhillips (2.50%) and Amerada Hess (2.36%).
Kulevi terminal on the shore of the Black Sea is owned by the SOCAR and Batumi oil port is owned by KazMunayGaz.
/Trend Capital/
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