Azerbaijani Energy Ministry announces transit volumes of Kazakh oil for 2014

Photo: Azerbaijani Energy Ministry announces transit volumes of Kazakh oil for 2014 / Oil&Gas

Baku, Azerbaijan, Dec.2

by Rufiz Hafizoglu - Trend:

Some four million tons of Kazakh oil will be transported through Azerbaijan in 2014, an article by Ramiz Rzayev, head of the Investment Department of the Azerbaijani Energy Ministry said.

To date, over 230 million tons of oil has been transported via the Baku-Tbilisi-Ceyhan export pipeline and around 225 million tons of Azerbaijani oil was sent to world markets through the port of Ceyhan, Rzayev said.

The oil pipeline also played an important role in transporting oil from other Caspian Sea countries. To date, about 8.6 million tons of Turkmen oil has been transported through the pipeline, the article said.

"The interest of Kazakh and Russian companies in this issue is on the increase and the evidence is the adoption of a decision on transportation of around four million tons of Kazakh oil through Azerbaijan in 2014," Rzayev said.

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