In the first three quarters of 2019, BTC spent approximately $95 million in operating expenditure and about $25 million in capital expenditure, respectively down $8 million or 9.2% and up $4 million or 19.04% from 2018, BP-Azerbaijan told Report.
During the three quarters of the year, BTC exported more than 177 million barrels (about 24 million tonnes) of crude oil loaded on 222 tankers at Ceyhan, which is 1 million tonnes or 4 percent is lower than a year ago.
Since the 1,768 km BTC pipeline became operational in June 2006 till the end of the third quarter of 2019, it carried a total of 3.3 billion barrels (around 440 million tonnes) of crude oil loaded on 4,307 tankers and sent to world markets.
The BTC pipeline currently carries mainly ACG crude oil and Shah Deniz condensate from Azerbaijan. In addition, other volumes of crude oil and condensate continue to be transported via BTC, including volumes from Turkmenistan, Russia and Kazakhstan.
The BTC Co. shareholders are: BP (30.1 per cent); AzBTC (25.00 per cent); Chevron (8.90 per cent); Equinor (8.71 per cent); TPAO (6.53 per cent); Eni (5.00 per cent); Total (5.00 per cent), ITOCHU (3.40 per cent); INPEX (2.50 per cent), ExxonMobil (2.50 per cent) and ONGC (BTC) Limited (2.36 per cent).