 Prior to selling, he expanded the company to 3,000 service stations, three refineries, an extensive pipeline distribution system and a refining capacity of of oil per day.Tamoil today has annual sales of $20 billion and a market capitalization of $6.3 billion.In the early 1990s, after the Soviet Union loosened its grip on Central Asia, Tamraz was the originator of the Baku-Ceyhan (Baku-Tbilisi-Ceyhan pipeline) considered as “one of the great engineering endeavours”, an oil pipeline project, to move of Caspian Sea oil to the Mediterranean Sea and thus to world markets.