BTC transports 22.3 mln tonnes of oil in eight months

Baku. 17 September. REPORT.AZ/ Azerbaijan’s main oil pipelines transported 27,380,200 tonnes of oil in January-August 2018, down 4.4% from the previous year, Report informs.

According to the State Statistical Committee, 81.4% or 22,288,700 tonnes of oil was transported via Baku-Tbilisi-Ceyhan (BTC), down 0.8% from a year earlier.

During the reporting period, BTC also transported 4,207,800 tonnes of transit oil, down 2.46% compared to 2017.

The 1,768 kilometres long pipeline starts at the Sangachal Terminal near Baku, Azerbaijan. Its transportation capacity is 1.2 mln bpd. It was put into operation in June 2006. Currently, the pipeline is transporting ACG oil, Shahdeniz condensate. Moreover, other crude oil and condensate, as well as transit oil are also transported via the pipeline.

BTC Co. shareholders are BP (30.10%), AzBTC (25.00%), Chevron (8.90%),  Statoil (8.71%), TPAO (6.53%), Eni (5.00%), Total (5.00%), Itochu (3.40%),  Inpex (2.50%),  ExxonMobil (2.50%) and ONGC (BTC) Ltd. (2.36%).