From January to June 2014 the volume of transportation via the Baku-Tbilisi-Ceyhan (BTC) oil pipeline and shipment from the Mediterranean terminal Ceyhan in Turkey decreased. There are objective reasons for that: production on the Azerbaijani offshore fields Azeri-Chirag-Guneshli is going down. 85% of oil extracted on these fields is exported via BTC.
During 6 months, 2014 the volume of Azerbaijani oil shipment via BTC totaled 14,543,014 tons, down 4.2% against the same period in 2013.
SOCAR press office reported that in June 2014 2,343,834 tons of oil was transported via BTC (in June 2013 – 2,544,149 tons).
SOCAR reported since putting of the BTC pipeline into operation on May 28, 2006 till July 1, 2014 a total of 249,684,733 tons of oil was transported via the pipeline.
In June 2014 2,579,385 tons of Azerbaijani oil was shipped from the Ceyhan terminal (in June 2013 – 2,572,744 tons). During six months this year 14,282,527 tons of oil was shipped from the terminal (15,400,318 tons – declined by 4.8%).
SOCAR reported that since beginning of shipment from the Ceyhan terminal on June 4, 2006 a total of 247,426,441 tons of oil has been shipped.
The shareholders of BTC Co pipeline company are BP (30.1%); SOCAR (25%); Chevron (8.9%); Statoil (8.71%); TPAO (6.53%); ENI (5%); Itochu (3.4%); ConocoPhillips (2.5%); INPEX (2.5%), Total (5%)and ONGC (2.36%).
