Loan: BTC Co, 11.2015
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Baku-Tbilisi Ceyhan (BTC) pipeline carries oil from the Azeri-Chirag-Deepwater Gunashli (ACG) field and condensate from Shah Deniz across Azerbaijan, Georgia and Turkey. It links Sangachal terminal on the shores of the Caspian Sea to Ceyhan marine terminal on the Turkish Mediterranean coast. In addition, crude oil from Turkmenistan continues to be transported via the pipeline. Starting in October 2013, we have also resumed transportation of some volumes of Tengiz crude oil from Kazakhstan through the BTC pipeline. The pipeline that became operational in June 2006 was built by the Baku-Tbilisi-Ceyhan pipeline company (BTC Co) operated by BP. The pipeline buried along its entire length is 1768km in total length: 443km in Azerbaijan, 249km in Georgia, and 1,076km in Turkey The Azerbaijan and Georgia sections of the pipeline are operated by BP on behalf of its shareholders in BTC Co. while the Turkish section is operated by BOTAS International Limited (BIL). |
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