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Over 17 million tons of oil transported via BTC in Jan.-July

Friday, August 9
Some 17.74 million tons of oil were transported through the Baku-Tbilisi-Ceyhan (BTC) oil pipeline in January-July 2013 compared to 17.9 million tons in January-July 2012, SOCAR said on August 7.

In 2012, the BTC transported 29.67 million tons of Azerbaijani oil compared to over 32.2 million tons in 2011.

As of August 1, 2013, some 223.2 million tons of oil were transported since the start of the pipeline's operation.

In January-July, around 17.45 million tons of oil were supplied to the world markets from the Turkish port of Ceyhan, compared to 17.7 million tons in January-July 2012. As of August 1, 2013, some 221.12 million tons of Azerbaijani oil were supplied from Ceyhan to the world markets since the start of the Baku-Tbilisi-Ceyhan pipeline's operation.

In 2012, some 29.3 million tons of oil were supplied from the Turkish port of Ceyhan to the world market, compared to over 32.08 million tons in 2011.

The B's total length is 1768 kilometers including a 443-kilometre section running via Azerbaijan, a 249-kilometre section traversing Georgia and a 1076-kilometre section passing through Turkey. The pipeline's construction began in April 2003. First oil was marketed on May 18, 2005.

BTC Co. shareholders include: BP (30.1 per cent); AzBTC (25 per cent); Chevron (8.90 per cent); Statoil Hydro (8.71 per cent); (6.53 per cent); Eni (5 per cent); Total (5 per cent); Itochu (3.40 per cent); Inpex (2.50 per cent); ConocoPhillips (2.50 per cent) and ONGC (2.36 per cent). (Trend)