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SOCAR exports over 20m tons of oil from Turkish port in 2012

7 January 2013 16:51 (UTC+04:00)
SOCAR exports over 20m tons of oil from Turkish port in 2012

The Marketing and Economic Operations Department of Azerbaijani state oil company SOCAR exported 20.2 million tons of oil through the Turkish port of Ceyhan in 2012 compared to 22.97 million tons of oil in 2011, SOCAR reported on Monday, according to Trend news agency.

The department exported 1.65 million tons of oil in December which is similar with December 2011.

The department exported around 27.27 million tons of Azerbaijani oil from the Turkish port in 2010.

Oil is supplied to the Ceyhan port through the Baku-Tbilisi-Ceyhan (BTC) oil pipeline.

The BТС's total length is 1.768 kilometers including a 443-kilometer section running via Azerbaijan, a 249-kilometer section traversing Georgia and a 1.076-kilometer section passing through Turkey.

BTC Co. shareholders include: BP (30.1 per cent); AzBTC (25 per cent); Chevron (8.90 per cent); Statoil Hydro (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); ConocoPhillips (2.50 per cent) and Amerada Hess (2.36 per cent).

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