Crude Oil Transportation and Marketing
|Frontera currently exports oil to international markets via the Georigan Black Sea port of Batumi. Access to this export market is currently via the Georgian rail system. Over time, Frontera has developed reliable efficient and safe infrastructure and systems to process, gather, store, transport and market its crude oil from Block 12 on an ongoing basis.
As production increases from Block 12, Frontera will consider alternatives to the existing rail networks. The two primary export lines that run through Block 12 are as follows:
– The 830 kilometer AIOC Early Oil Pipeline runs from Baku, a port on the Caspian Sea, in Azerbaijan to the Black Sea port of Supsa in Georgia. The AIOC Early Oil Pipeline passes directly through Block 12.
– Completed by a BP-led consortium in 2005, the 1,768 kilometer, $2.9 billion Baku-Tbilisi-Ceyhan (BTC) oil pipeline connecting the Caspian Sea to the Mediterranean Sea passes directly through Block 12. The pipeline, which is the second longest in the world, has the capacity to transport one million barrels of oil per day.