OREANDA-NEWS. On January 16, 2007 State Oil Fund of the Republic of Azerbaijan received the first dividend from Azerbaijan’s State participation share in the Heydar Aliyev Baku-Tbilisi-Ceyhan (BTC) Main Export Pipeline in an amount of 16,5 mln. dollars according to the results of 2007, reported the press-centre of SOFAZ.

The Heydar Aliyev Baku-Tbilisi-Ceyhan (BTC) Main Export Pipeline, starting to function in 2006, already receives the first dividends next year which again proves the success of the project and being the best option in providing the transportation of the Azerbaijan’s hydrocarbons to the world market.

The dividend payment was envisaged in the Fund’s 2008 budget.

The participants of Heydar Aliyev BTC Main Export Pipeline project are AzBTC Co, Hess, BP, ConocoPhillips, Eni, Inpex, Itochu, Statoil, Total, TPAO and Unocal companies.