From January to October 2012 SOCAR exported 17,091,090 tons of oil via the Baku-Tbilisi-Ceyhan (BTC) pipeline. Export via the pipeline dropped by 2,777,000 tons against the same period last year.
Reduction of oil transportation via BTC is connected with reduction of oil production on Azeri-Chirag-Guneshli (ACG) bloc of fields.
In January 2012 oil export via BTC was 1,9097 million tons, in February - 1,359 million tons, in March - 1,901 million tons, in April - 1,847 million tons, in May - 1,716 million tons, in June - 1,618 million tons, in July - 1,886 million tons, in August - 1,612 million tons, in September - 1,654 million tons and in October - 1,585 million tons.
* The shareholders of BTC Co pipeline company are BP (30.1%), SOCAR (25%), Chevron (8.9%), Statoil (8.71%), TPAO (6.53%), Itochu (3.4%), Amerada Hess (2.36%), ENI (5%), ConocoPhilliрs (2.5%), Inрex (2.5%), Total (5%). -0--
Economics
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