Azerbaijani oil sales on world markets revealed
BAKU, Azerbaijan, Sept.17
By Leman Zeynalova – Trend:
Around 579 million tons of Azerbaijani oil was offered on world markets as of September 1, 2020, Trend reports referring to the article of Khoshbakht Yusifzade, the First Vice President of Azerbaijan’s state oil company SOCAR.
The article shows that 162 million tons of this volume was transported via the Baku-Supsa, Baku-Novorossiysk pipelines and by railways, while 417 million tons were exported via the Baku-Tbilisi-Ceyhan pipeline.
The BTC pipeline currently carries mainly ACG crude oil and Shah Deniz condensate from Azerbaijan. In addition, other volumes of crude oil and condensate continue to be transported via BTC, including volumes from Turkmenistan, Russia and Kazakhstan.
The BTC Co. shareholders are: BP (30.1%); AzBTC (25.00%); Chevron (8.90%); Equinor (8.71%); TPAO (6.53%); Eni (5.00%); Total (5.00%), ITOCHU (3.40%); INPEX (2.50%), ExxonMobil (2.50%) and ONGC (BTC) Limited (2.36%).
Baku-Supsa, or the Western Export Pipeline has been carrying out the transportation of oil produced in the Azerbaijani sector of the Caspian Sea to world markets. Crude oil, after being loaded into oil tankers at Supsa Terminal of Georgia, is shipped to European markets through the Bosphorus strait in Turkey.
833 km-long WEPL starts from the Sangachal Terminal and expands up to Supsa Terminal on the Georgian shore. With 530 mm diameter, the pipeline was built in the years of 1997-1998. Filling the pipeline with oil started in December of 1998 and continued until March 1999. First oil at Supsa was loaded into tankers on April 8, 1999.
Baku-Novorossiysk oil pipeline in northern direction is 1,330 km long. Diameter of the pipeline is 530 mm. SOCAR is the operator of Azerbaijani part of the pipeline which is 231 km long.
Filling the pipeline with oil started in October of 1996. Maximum throughput capacity of the pipeline is 105 thousand barrels a day.
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