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Oil transportation through Baku-Tbilisi-Ceyhan up

Economy Materials 3 November 2022 15:10 (UTC +04:00)
Oil transportation through Baku-Tbilisi-Ceyhan up
Maryana Ahmadova
Maryana Ahmadova
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BAKU, Azerbaijan, November 3. The Baku-Tbilisi-Ceyhan (BTC) pipeline has transported around 164 million barrels of oil in the first three quarters of 2022, as compared to 148 million barrels over the same period of 2021 (up by 10.8 percent), Trend reports with reference to bp.

“In the first three quarters, around 164 million barrels (about 22 million tons) of BTC-exported crude oil was lifted at Ceyhan loaded on 224 tankers,” the report said.

Since the 1,768 km BTC pipeline became operational in June 2006 till the end of the third quarter of 2022, it carried a total of 3.93 billion barrels (more than 524 million tons) of crude oil loaded on 5,163 tankers and sent to world markets.

The BTC Co. shareholders are: bp (30.1 percent); AzBTC (25 percent); MOL (8.9 percent); Equinor (8.71 percent); TPAO (6.53 percent); Eni (5 percent); Total (5 percent), ITOCHU (3.40 percent); INPEX (2.5 percent), ExxonMobil (2.5 percent) and ONGC (BTC) Limited (2.36 percent).

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