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BTC transports over 190m barrels of oil via Turkey in nine months

25 October 2012 15:53 (UTC+04:00)
BTC transports over 190m barrels of oil via Turkey in nine months

The Baku-Tbilisi-Ceyhan (BTC) pipeline transported 192.66 million barrels of oil via Turkey in January-September compared to 200.83 million barrels in January-September of 2011, a statement posted on the website of the Turkish state pipeline company Botas says.

About 257.15 million barrels of oil were transported via the BTC through Turkey in 2011 compared to 288.2 million barrels in 2010.

The BТС's total length is 1.768 kilometres including a 443-kilometre section running via Azerbaijan, a 249-kilometre section traversing Georgia and a 1.076-kilometre section passing through Turkey. The pipeline's construction began in April 2003. The first oil flowed on May 18, 2005.

BTC Co. shareholders include: BP (30.1 per cent); AzBTC (25 per cent); Chevron (8.90 per cent); Statoil (8.71 per cent); ТРАО (6.53 per cent); Eni (5 per cent); Total (5 per cent); Itochu (3.40 per cent); Inpex (2.50 per cent) and ConocoPhillips (2.50 per cent). Hess (2.36 per cent) sold its share to Indian ONGC and the deal is expected to be signed in the first quarter of 2013.

Over 109.7 million barrels of oil was transported via an Iraq-Turkey pipeline through Turkey in January-September compared to about 107.97 million barrels in January-September 2011. About 147.2 million barrels were transported via this pipeline last year compared to 132.3 million barrels in Jan. 2010.

Some 15.96 million barrels of oil was transported via the Ceyhan-Kirikkale pipeline through Turkey in January-September compared to about 14.3 million barrels in January-September 2011. About 20.15 million barrels of oil were transported via this pipeline in 2011 compared to 17.2 million barrels in 2010.

The Batman-Dordyol pipeline transported 8.3 million barrels in January-September compared to 7.37 million barrels during the same period of 2011. About 10.1 million barrels were transported via the oil pipeline last year compared to over 10.6 million barrels in 2010.

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