Azerbaijani oil export from Ceyhan terminal dropped by 13.8%
From January to May 2015 SOCAR has shipped 7,278,248 tons of Azerbaijani oil from the Ceyhan terminal, down 13.8% against the same period last year.
SOCAR press office reported that in May 2015 SOCAR has shipped 1,352,966 tons of oil from the Ceyhan terminal.
In 2014 20,483,248 tons of Azerbaijani oil was shipped from the Ceyhan oil terminal.
The length of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline is 1768 km, of which 443 km lie in Azerbaijan, 249 km in Georgia and 1076 km in Turkey. The carrying capacity of the pipeline is over 50 million tons of oil a year.
The project partners include BP (30.1%); SOCAR (25%); Chevron (8.9%); Statoil (8.71%); TPAO (6.53%); ENI (5%); Itochu (3.4%); ConocoPhillips (2.5%); INPEX (2.5%), Total (5%) and ONGC (2.36%). –0—
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- Economics
- 3 June 2015 14:48
Economics
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In Baku, grappling with growing environmental challenges, experts and policymakers convened on Friday for an international scientific conference titled “Sustainable Environment: Transition to Green Energy.” The event highlighted the urgent need for innovative strategies to combat pollution and advance renewable energy initiatives.
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