Baku-Tbilisi-Ceyhan pipeline costs down 1.2% in H1

Baku-Tbilisi-Ceyhan ((BTC) oil pipeline capex and operating costs fell 1.2% year-on-year in H1 2016 to $87 million, pipeline operator BTC Co told Interfax.


"Operating costs for the reporting period were $61 million and capex was $26 million," the company said.


"The pipeline carried 17.3 million tonnes of oil in H1 2016, and 166 tankers were loaded at the Ceyhan terminal," it said.



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