Azerbaijan, Baku, July 1 / Trend E. Ismayilov /
As of June 10, 2013, Botas International Limited (BIL) shipped over 1.71 billion barrel of oil from Ceyhan oil terminal via the Baku-Tbilisi-Ceyhan (BTC) oil pipeline since June 2, 2006 till the present compared to over 1.47 billion barrels as of June 1, 2012, BIL official website reported today.
BIL was initially founded by the Turkish state pipeline company Botas to establish cooperation with foreign companies. In 2001, BIL was reorganized to operate the BTC.
According to the report, during the reporting period 2,221 tankers were loaded at the terminal compared to 1,909 tankers as of July 1, 2012.
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.
Shareholders of BTC Co. founded on August 1, 2002 for the implementation of the project, are BP (30.1 percent); AzBTC (25 percent); Chevron (8.90 percent); Statoil (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 ONGC (2.36 percent).
