ECONOMY
BTC spends $8m in capex
Baku, August 24 (AZERTAC). During the first half of 2011, the Baku-Tbilisi-Ceyhan main export pipeline spent $8 million in capital expenditures. The 2011 plan for BTC capital expenditures is $65.9 million. BTC’s throughput capacity is currently 1.2 million b/d.
Since June 4, 2006 up to end of June, 1572 tankers were loaded at Ceyhan with a total of about 1222 million barrels (163.7 million tonnes) of crude oil transported via BTC and sent to world markets.
Up to date (by 22.08.2011) 1624 tankers have been loaded at Ceyhan with a total of about 1261 million barrels (169 million tonnes) of crude oil transported via BTC and sent to world markets.
To date BTC’s highest daily throughput has been 1.044 million barrels per day.
The total volume of oil exported via BTC during the first half of 2011 was about 135.7 million barrels (about 18.2 million tonnes).
The BTC pipeline currently carries mainly ACG oil and Shah Deniz condensate from Azerbaijan. In addition, crude oil from Turkmenistan has and continues to be transported.
The BTC Co. shareholders are: BP (30.1%); AzBTC (25.00%); Chevron (8.90%); Statoil (8.71%); TPAO (6.53%); ENI (5.00%); Total (5.00%), Itochu (3.40%); INPEX (2.50%), ConocoPhillips (2.50%) and Hess (2.36).