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Ceyhan terminal transships over 40 million tons of ACG oil since early 2021

Oil&Gas Materials 15 March 2021 10:05 (UTC +04:00)
Ceyhan terminal transships over 40 million tons of ACG oil since early 2021

BAKU, Azerbaijan, March 15

By Leman Zeynalova – Trend:

Turkish BOTAS International Limited (BIL) has to date shipped nearly 3.611 billion barrels of oil from the Ceyhan oil terminal, Trend reports referring to BIL.

The BIL data shows that 4,714 tankers with oil from the Azeri-Chirag-Gunashli (ACG) block of fields have been loaded from the terminal to date.

As many as 55 tankers with ACG oil (around 40.1 million barrels of oil) were shipped from the Ceyhan oil terminal since the beginning of 2021.

Oil from the ACG block located in the Azerbaijani sector of the Caspian is transported via Baku-Tbilisi-Ceyhan (BTC) to the world markets. BTC is operated by BOTAS International Limited.

Baku-Tbilisi-Ceyhan (BTC) crude oil pipeline was built for the safe, economic, and environmentally friendly transportation of oil produced in the Caspian region through Azerbaijan, Georgia, and Turkey, and from there to the world markets.

BP Exploration (Caspian Sea) Limited is the operator on behalf of the Contractor Parties to the ACG Production Sharing Agreement.

ACG participating interests are: bp (30.37%), SOCAR (25.0%), MOL (replaced Chevron as of 16 April 2020 (9.57%), INPEX (9.31%), Equinor (7.27%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%), ONGC Videsh Limited (OVL) (2.31%).

BP data shows that total ACG production for the full year of 2020 was on average about 477,000 barrels per day (b/d) (about 175 million barrels or 23.6 million tonnes in total) from the Chirag (34,900 b/d), Central Azeri (113,200 b/d), West Azeri (118,900 b/d), East Azeri (64,200 b/d), Deepwater Gunashli (95,400 b/d) and West Chirag (50,400 b/d) platforms.

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Follow the author on Twitter: @Lyaman_Zeyn

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