Botas International Limited (BIL) company, daughter company of BOTAS state pipeline company, which was created to operate the Turkish section of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline has shipped 2600 tankers from the Ceyhan terminal.
BIL reported that since June 2, 2006, when the first tanker was shipped, till now 2 billion barrels of oil has been shipped from the Ceyhan oil terminal.
Total length of the BTC is 1768 km, of which 443 km pass through Azerbaijan, 249 km pass through Georgia and 1076 km through Turkey. The pipeline construction started in April 2003 and its filling with oil on May 18, 2005.
Oil extracted from the Azeri-Chirag-Guneshli (ACG) offshore bloc (in average 510,000 barrels of oil a day) and condensate from the Shah Deniz offshore field (50,000) barrels is transported via BTC. In addition, Turkmenistan and Kazakhstan oil (about 140,000 barrels) is transported via BTC.—0—
Economics
-
Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
-
Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
-
Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
-
Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
Leave a review