Baku, Azerbaijan, Feb. 16
By Maksim Tsurkov – Trend:
Capital expenditures on the Baku-Tbilisi-Ceyhan (BTC) oil pipeline totaled $29 million in 2017 compared to $58 million in 2016, says a BP Azerbaijan report for 2017.
Operational expenditures on BTC amounted to about $133 million in the period as compared to $118 million in 2016.
About 34 million tons (256 million barrels) of oil were transported via BTC in 2017.
From June 2006 to January 1, 2018, more than 383 million tons (about 2.87 billion barrels) of oil were exported via the Baku-Tbilisi-Ceyhan pipeline.
Total length of BТC is 1,768 kilometers, including a 443-kilometer section running through Azerbaijan, a 249-kilometer section in Georgia and a 1,076-kilometer section in Turkey. Construction of the pipeline started in April 2003. It was filled with oil May 18, 2005.
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