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BTC exports about 198 million barrels this year

30 November 2015 15:33 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. During the three quarters of 2015, BTC spent approximately $106 million in operating expenditure and $32 million in capital expenditure.

Since the 1,768km BTC pipeline became operational in June 2006 it has carried a total of about 2.3 billion barrels (around 307 million tonnes) of crude oil to be loaded on 3,026 tankers and sent to world markets.

In the first three quarters, BTC exported about 198 million barrels (26.3 million tonnes) of crude oil loaded on 275 tankers at Ceyhan

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

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