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Oil companies involved in the pipelines system

Baku-Tbilisi-Ceyhan oil pipeline (BTC)

The Baku-Tbilisi-Ceyhan was planned and is being built by the BTC Pipeline Company (BTC Co), a consortium led and operated by British oil major BP. Shares in the consortium are distributed as follows:

BP (UK) – 30.1%, operator
State Oil Company of Azerbaijan (SOCAR) – 25%
Unocal (US) – 8.9%
Statoil (Norway) – 8.71%
Turkish Petroleum (TPAO) – 6.53%
ENI (Italy) – 5%
TotalFinaElf (France) – 5%
Itochu (Japan) – 3.4%
ConocoPhillips (US) – 2.5%
Inpex (Japan) - 2.5%
Delta Hess (joint venture of Delta Oil (Saudi Arabia) with Amerada Hess (US)) – 2.36%

Ownership of the BTC Co is shown in a flash diagram on the BTC Directorate website

The related South Caucasus gas pipeline (which runs alongside the Baku-Tbilisi-Ceyhan oil pipeline as far as northern Turkey), and the Azeri-Chirag-Guneshli oilfields and Shah Deniz gasfield which would feed the pipelines, were also planned by similar consortia.

South Caucasus gas Pipeline (SCP)

Partners:

BP – 25.5%
Statoil – 25.5% operator
State Oil Company of Azerbaijan (SOCAR) – 10%
TotalFinaElf – 10%
LUKAgip (joint venture of Lukoil (Russia) with Agip (Italy)) – 10%
OIEC (Iran) – 10%

Turkish Petroleum (TPAO) – 9%

Azeri-Chirag-Guneshli oil fields

They are controlled by the Azerbaijan International Operating Company (AIOC), comprising:

BP – 34.1%, operator
Unocal – 10.3%
State Oil Company of Azerbaijan (SOCAR) – 10%
Inpex (Japan) – 10%
Statoil – 8.6%
ExxonMobil (US) – 8%
TPAO – 6.8%
Pennzoil (US) – 5.6%
Itochu – 3.9%

Delta Hess – 2.7%

(Not all these companies support the BTC pipeline route).

Shah Deniz gas field

The Shah Deniz consortium is the same as that which controls the SCP:

BP – 25.5%
Statoil – 25.5% operator
State Oil Company of Azerbaijan (SOCAR) – 10%
TotalFinaElf – 10%
LUKAgip (joint venture of Lukoil (Russia) with Agip (Italy)) – 10%
OIEC (Iran) – 10%

Turkish Petroleum (TPAO) – 9%