BTC SANGACHAL TERMINAL CONSTRUCTION WORKS FITS THE SCHEDULE
How reports experts, 60% of works on BTC head pumping station PS-A1 construction works have been completed by the present time. The station will consist of four main and one additional pumps. The pumps have been delivered to the terminal and installed, currently, they are being connected to the pumping station.
An alliance Spie Capag/Petrofag is the contractor on the BTC pumping stations construction on the territory of Azerbaijan and Georgia, which at the same time carried out construction of the Georgian pipeline section.
The length of BTC pipeline is 1,762 km, its diameter is 42 inches, it has eight pumping stations (4 on the territory of Turkey, 2 on the territories of each Azerbaijan and Georgia) and 98 stations with stopcocks.
Sangachal terminal extension works have been completed by 90% within the project of full scale ACG (Azeri-Chyrag-Guneshli) fields development. According to experts, the frameworks of the first and second oil storage reservoirs each with an 800 thousand barrel (110 thousand tons) capacity have been already assembled. Currently the reservoirs are painted. Apart from that the construction of associated water storage reservoir with a 50 thousand barrel capacity has started. In particular, the reservoir foundation is being prepared.
The construction of storage reservoirs on Sangachal terminal is realised by a French company CMP Enterpose. The contract includes the construction of two oil storage reservoirs each with a 110 thousand ton (800 thousand barrels) capacity and the smaller associated water storage reservoir with a 50 thousand barrel capacity. The oil storage reservoirs must be ready by June, 2004. As per the estimation, the cost of works will make $16 million.
In the future the construction of another 800 thousand barrel capacity reservoir is planned, which will allow to bring the oil storage capacities to 2.5 million barrels.
The Sangachal terminal extension is run by Azfen/Tekfen. Its total cost will equal approximately $345 million. The new terminal total area will make 540 hectares.
On the peak of ACG oil extraction in 2008 the terminal capacity will reach 1 million barrels of oil and 700 million cubic feet of natural gas per day.