In the first half of 2022, BTC spent about $49 million in operating expenditure and about $9 a million in capital expenditure, APA-Economics reports citing the report released by BP-Azerbaijan on the first half of the year.
On 23 March 2022, BTC reached a significant milestone by loading the 5000th tanker of oil transported from the Sangachal terminal near Baku across Azerbaijan, Georgia, and Turkiye to Ceyhan.
Since the 1,768 km BTC pipeline became operational in June 2006 till the end of the second quarter of 2022, it carried a total of 3.87 billion barrels (more than 516 million tonnes) of crude oil loaded on 5,087 tankers and sent to world markets.
In the first half, around 107 million barrels (more than 14.1 million tonnes) of BTC- exported crude oil was lifted at Ceyhan and loaded on 148 tankers.
The BTC pipeline currently carries mainly ACG crude oil and Shah Deniz condensate from Azerbaijan. In addition, other volumes of Caspian regional crude oil and condensate continue to be transported via BTC.
BTC Co. shareholders are: bp (30.1%), SOCAR (25.00%), MOL (8.90%), Equinor (8.71%), TPAO (6.53%), Eni (5.00%), TotalEnergies (5.00%), ITOCHU (3.40%), INPEX (2.50%), ExxonMobil (2.50%) and ONGC Videsh (2.36%).
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