Azerbaijan, Baku, Aug. 10 / Trend /
In January-July 2011, the Baku-Tbilisi-Ceyhan (BTC) oil pipeline transported over 19.87 million tons of oil compared to 21.6 million at the same period of 2010, the State Oil Company of the Azerbaijan Republic (SOCAR) reported. As of Aug. 1, the volumes of oil transported via BTC hit over 163.4 million tons.
According to the information, about 2.86 million tons of oil were transported via BTC in July.
About 191,500 tons of Turkmen oil were transported via oil pipeline in July.
More than 19.54 million tons were delivered from the Turkish port of Ceyhan to the world markets in January-July compared to 21.8 million tons in January-July last year. As of August 1, 2011, about 161.48 million tons of Azerbaijani oil were delivered from Ceyhan to the world markets.
According to the information, more than 2.7 million tons of Azerbaijani oil were shipped from Ceyhan to the world market in July.
The BТС's total length is 1.768 kilometers including a 443-kilometer section running via Azerbaijan, a 249-kilometer section traversing Georgia and a 1.076-kilometer section passing through Turkey. The pipeline's construction began in April 2003. First oil was marked May 18, 2005.
BTC Co. shareholders include: BP (30.1 percent); AzBTC (25 percent); Chevron (8.90 percent); Statoil Hydro (8.71 percent); ТРАО (6.53 percent); Eni (5 percent); Total (5 percent); Itochu (3.40 percent); Inpex (2.50 percent); ConocoPhillips (2.50 percent) and Amerada Hess (2.36 percent).