BTC exports about 35 mln tonnes of crude oil in 2014

BTC exports about 35 mln tonnes of crude oil in 2014
# 19 February 2015 13:41 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. In 2014, Baku-Tbilisi-Ceyhan exported 262 million barrels (34.8 million tonnes) of crude oil loaded on 362 tankers at Ceyhan.

According to BP-Azerbaijan, BTC’s throughput capacity is currently 1.2 million b/d.

In 2014, BTC spent $0.2 billion in operating expenditure and $0.1 billion in capital expenditure

The 1,768km BTC pipeline became operational in June 2006. Since that time BTC has carried a total of about 2.1 billion barrels (280 million tonnes) of crude oil loaded on 2793 tankers and sent to world markets. In August, BTC celebrated the loading of the 2 billionth barrel of oil at the Ceyhan terminal in Turkey.

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), ConocoPhillips (2.50 per cent) and ONGC (BTC) Limited (2.36 per cent).

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