BAKU, Azerbaijan, Dec. 24
By Anastasia Savchenko - Trend:
Turkish company Botas International Ltd (BIL), in the period from June 2, 2006 to November 2019, shipped over 3.3 billion barrels of oil from the Ceyhan oil terminal, Trend reports referring to the company.
In the first 11 months of 2019, slightly over 215.6 million barrels of oil were transported via the Baku-Tbilisi-Ceyhan (BTC) pipeline, which is 8 percent less compared to the same period last year.
The total length of the BTC pipeline is 1,768 kilometers, of which 443 kilometers run through the territory of Azerbaijan, 249 kilometers run through Georgia, and 1,076 kilometers go through Turkey. The construction of the pipeline began in April 2003, and it was first filled with oil on May 18, 2005.
The BTC Co. shareholders are: BP (30.1 percent); AzBTC (25.00 percent); Chevron (8.90 percent); Equinor (8.71 percent); TPAO (6.53 per cent); Eni (5.00 percent); Total (5.00 percent), ITOCHU (3.40 percent); INPEX (2.50 percent), ExxonMobil (2.50 percent) and ONGC (BTC) Limited (2.36 percent).
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