TURKISH PETROLEUM CORPORATION - TPAO
TURKISH PETROLEUM CORPORATION - TPAO
TURKISH PETROLEUM CORPORATION - TPAO
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16<br />
Alov Project<br />
Alov Exploration Project covers the Araz-<br />
Alov-Sharg prospective structures in the<br />
Middle of the Southern Caspian Sea.<br />
Drilling of the first exploration well is waiting<br />
for the determination of legal status of<br />
Caspian Sea.<br />
Pipeline Projects of Turkish Petroleum<br />
Contributing to the Energy Corridor<br />
Baku-Tbilisi-Ceyhan Main Export<br />
Crude Oil Pipeline (BTC) Project<br />
The transportation of oil produced in<br />
Caspian Region, especially from ACG and<br />
Shah Deniz Projects in Azerbaijan to the<br />
world markets, in a safe, secure, reliable and<br />
environmentally friendly way, is continuing<br />
through the BTC Project which is the first<br />
step of East-West Energy Corridor.<br />
Transportation of a large portion of ACG<br />
oil, all of Shah Deniz condensate and<br />
some Turkmen oil, has continued and from<br />
Haydar Aliyev Terminal 258 million barrels<br />
of oil was loaded to 355 tankers in 2011.<br />
Cumulatively, 1.34 billion barrels of Azeri<br />
and Kazakh Oil have been transported<br />
through BTC Pipeline to the world markets<br />
with 1,742 tankers by the end of 2011.<br />
South Caucasus Natural Gas Pipeline<br />
(SCP) Project<br />
Within the scope of SCP Project, Shah<br />
Deniz natural gas is being transported to<br />
Georgian-Turkish border. The SCP passing<br />
through the same corridor with BTC is about<br />
690 km in length.<br />
The pipeline has a transportation capacity<br />
of 8.10 billion m³ of natural gas to Turkish<br />
border with one compressor station in<br />
Sangachal Terminal in line with the terms<br />
of AGSC-BOTAŞ Sales and Purchasing<br />
Agreement (SPA).<br />
However, it is possible to expand this<br />
capacity up to 22 billion m³ in a year by<br />
adding new compressor stations and/or<br />
looping.<br />
In 2011, totally 6.65 billion m³ of natural<br />
gas was transported and 3.67 billion m³ of<br />
this amount was sold to BOTAŞ. The main<br />
target of the project is to transport the gas<br />
that will be produced from the Caspian<br />
Region to Europe via Turkey in the future.<br />
Libya<br />
Turkish Petroleum has been continuing its<br />
activities by its subsidiary Turkish Petroleum<br />
Overseas Company (TPOC) since 2000.<br />
TPOC, a fully owned affiliate of Turkish<br />
Petroleum, is conducting exploration and<br />
appraisal work as operator in the Area<br />
147/3&4, Murzuq Basin, Libya.
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