SOCAR to ship over 2.6M tons of oil from Ceyhan port in June

Oil&Gas Materials 18 May 2017 21:15 (UTC +04:00)

Baku, Azerbaijan, May 18

By Maksim Tsurkov – Trend:

More than 2.6 million tons (19.35 million barrels) of Azerbaijani oil will be shipped from the Turkish port of Ceyhan in June 2017, a source in Azerbaijan’s oil and gas market told Trend May 18.

A major part of the shipped oil will account for Azerbaijan’s state oil company SOCAR, which will carry out the shipment in 24 cargoes, said the source.

About 2.2 million tons of oil (16.3 million barrels) will account for SOCAR, while the remaining part for the Inpex, Chevron, Itochu, TPAO companies and joint volumes, added the source.

Oil from Azerbaijan’s Azeri-Chirag-Gunashli block of oil and gas fields is delivered to Turkey’s Ceyhan port via Baku-Tbilisi-Ceyhan (BTC) pipeline. The total length of the BТС is 1,768 kilometers, including a 443 kilometer-long section running through Azerbaijan, a 249-kilometer long section in Georgia and a 1,076-kilometer long section in Turkey.

Condensate from Azerbaijan’s Shah Deniz gas field and oil from Turkmenistan are also shipped from Turkey’s Ceyhan port.


Follow the author on Twitter: @MaksimTsurkov