BTC pumps over 30m tons of oil in 11 months
The Baku-Tbilisi-Ceyhan (BTC) oil export pipeline transported 30.1 million tons of oil in January-November compared to 32.1 million tons during the same period of 2011, Azerbaijani State Statistics Committee told Trend news agency on Friday.
"Three fourths of oil transported via the main oil pipelines of the country accounted for Baku-Tbilisi-Ceyhan oil pipeline in January-November," the committee said.
The total length of BТС is 1.768 kilometers including the 443
kilometer section running via Azerbaijan, the 249 kilometer section
via Georgia and the 1.076 kilometer via Turkey.
Construction of the pipeline began in April 2003 and it was filled
with oil on May 18, 2005.
The shareholders of BTC are BP (30.1 percent), AzBTC (25 percent), Chevron (8.90 percent), Statoil (8.71 percent), TPAO (6.53 percent), Eni (5 percent), Total (5 percent), Itochu (3.40 percent), Inpex (2.50 percent), ConocoPhilips (2.50 percent) and Hess (2.36 percent).
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