BOTAS International Limited (BIL), the operator of the Turkish section of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline, has released the data about oil shipment from the oil terminal in Ceyhan.
Since beginning of oil loading into BTC on June 2, 2006 till December 6, 2013 2366 tankers with oil has been shipped from Ceyhan, reads the official web site of BOTAS.
The oil shipment from Ceyhan totals 1823 billion barrels since beginning of the BTC operation.
Oil from the Azeri-Chirag-Guneshli oil fields and condensate from the Shah-Deniz gas condensate field in the Azerbaijani sector of the Caspian Sea is pumped via the BTC. After signing of a new agreement in July 2010 Turkmenistan’s oil is also transported via the pipeline. There is also an agreement to pump Kazakhstan’s oil via the BTC pipeline.
BTC capacity is 1.2 million barrels a day.
BTC Co shareholders are BP (30.1%), AzBTC (25%), Chevron (8.9%), Statoil (8.71%), TPAO (6,.%), ENI (5%), Total (5%), Itochu (3.4%), INPEX (2.5%), ConocoPhillips (2.5%) and Hess (2.36%).—0--
Economics
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