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BTC exports about 186 million barrels of crude oil this year

14 November 2013 13:47 (UTC +04:00)

Baku. Aqshin Rafigoglu – APA-Economics. During the first nine months of 2013, BTC exported about 186 million barrels (about 24.7 million tonnes) of crude oil loaded on 243 tankers at Ceyhan.

BTC spent over $48 million in capital expenditures. For the full year BTC capital expenditures are expected to be $97 million.

BTC’s throughput capacity is currently 1.2 million b/d.

Since 4 June 2006 up to the end of the third quarter of 2013, 2,304 tankers were loaded at Ceyhan with a total of about 1,773 million barrels (237.2 million tonnes) of crude oil transported via BTC and sent to world markets.

The BTC pipeline currently carries mainly ACG oil and Shah Deniz condensate from Azerbaijan. In addition, crude oil from Turkmenistan has and continues to be transported.

The BTC Co. shareholders are: BP (30.1%); AzBTC (25.00%); Chevron (8.90%); Statoil (8.71%); TPAO (6.53%); ENI (5.00%); Total (5.00%), ITOCHU (3.40%); INPEX (2.50%), ConocoPhillips (2.50%) and ONGC (BTC) Limited (2.36%).