From June 2, 2006 till January 6, 2013 Turkish Botas International Limited (BIL) company has shipped over 1.84 billion barrels of oil from the Ceyhan oil terminal against about 1.82 billion barrels by December 2, 2013, reads the information posted on the BIL official web site.
Since 2001 Turkish BIL is in charge of operation of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline on the territory of Turkey.
The information reads that during this period 2392 tankers with oil have been shipped from the Ceyhan terminal against 2360 tankers by December 2, 2013.
Total length of the BTC is 1768 km, of which 443 km lie in Azerbaijan, 249 ones in Georgia and 1076 km in Turkey. The pipeline construction started in April 2003 and it was filled with oil on May 18, 2005.
The shareholders of BTC Co, which was founded on August 1, 2002 to implement the project, are BP (30.1%), SOCAR (25%), Chevron (8.9%), Statoil (8.71%), ТРАО (6.53%), Eni (5%), Total (5%), Itochu (3.4%), Inpex (2.5%), ConocoPhillips (2.5%) and ONGC (2.36%). –0--
Economics
-
Since July 1, bus and metro fares have increased by 10 qəpik, reaching 50 qəpik. The fare for buses on the Baku-Sumgayit route has risen from 60 qəpik to 70 qəpik. However, it is reported that there has been no improvement in service quality following the price increase. According to complaints, air conditioners are not working on buses operating in the periphery, and overcrowding persists.
-
Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), held a meeting with Bojan Kumer, Slovenia's Minister of Environment, Climate and Energy, to discuss bilateral cooperation in the energy sector.
-
Azerbaijani Energy Minister Parviz Shahbazov met with a delegation led by the World Bank's Regional Director for the South Caucasus, Roland Price, to discuss the development of cooperation in the energy sector.
-
The State Oil Fund of the Republic of Azerbaijan (SOFAZ) reported a significant increase in its assets, reaching $58,000.6 million as of June 30, 2024.
Leave a review