Turkmen oil transportation via BTC surges
The Baku-Tbilisi-Ceyhan (BTC) oil pipeline transported 2.3 million tons of Turkmen oil in January-September 2012 compared to 1.5 million tons in the same period of 2011, Azerbaijan's statistics body told Trend news agency.
The BTC transported 2.1 million tons of Turkmen oil in 2011 compared to 1.3 million tons in 2010.
The oil is transported under contracts signed between SOCAR Trading and Dragon Oil producing oil in Turkmenistan.
Oil transportation via the BTC began in July, 2010.
SOCAR Trading buys and transports oil from producers in Turkmenistan across the Caspian Sea to the BTC entrance flange at the Sangachal Terminal in Baku. The BTC Co. then transports the oil via the BTC to SOCAR Trading at the Mediterranean port of Ceyhan, Turkey.
The BTC's pumping capacity is 1.2 million barrels of oil per day.
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