BTC to export 18m barrels of oil in Oct.
The Baku-Tbilisi-Ceyhan (BTC) pipeline is expected to export 18 million barrels of oil from Azeri-Chirag-Gunashli (ACG), Azerbaijan's major block of fields, in October, AzerTac state news agency said, quoting a source in the Azerbaijani state oil company SOCAR.
Azerbaijani profit oil will make up 13.5m barrels of the total exports in October, the source said.
In 2011, the BTC main export pipeline, which runs through Georgia and Turkey, exported 37 million tons of oil.
BTC Co. pipeline company's shareholders include: BP (30.1 per cent - operator); SOCAR (25 per cent); Chevron (8.90 per cent); Statoil Hydro (8.71 per cent); TPAO (6.53 per cent); Eni (5 per cent); Total (5 per cent); Itochu (3.40 per cent); Inpex (2.50 per cent); ConocoPhillips (2.50 per cent) and Amerada Hess (2.36 per cent).
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