BTC spends $120M this year

BTC spends $120M this year
# 20 November 2017 10:41 (UTC +04:00)

In the first three quarters of 2017, BTC spent approximately $101 million in operating expenditure and about $19 million in capital expenditure.

 

BP-Azerbaijan says since the 1,768km BTC pipeline became operational in June 2006 till the end of September 2017 it carried a total of about 2.8 billion barrels (morethan 374 million tonnes) of crude oil loaded on 3,674 tankers and sent to world markets.

 

During the first three quarters of 2017, BTC exported around193 million barrels (about 26 million tonnes) of crude oil loaded on 249 tankers at Ceyhan.

 

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

 

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).

 

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THE OPERATION IS BEING PERFORMED