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Volume of ACG oil transshipment via Ceyhan terminal disclosed

Oil&Gas Materials 27 September 2021 15:20 (UTC +04:00)
Volume of ACG oil transshipment via Ceyhan terminal disclosed

BAKU, Azerbaijan, Sept.27

By Leman Zeynalova – Trend:

Turkish BOTAS International Limited (BIL) has to date shipped nearly 3.716 billion barrels of oil from the Ceyhan oil terminal, Trend reports referring to BIL.

The BIL data shows that 4,860 tankers with oil from the Azeri-Chirag-Gunashli (ACG) block of fields have been loaded from the terminal to date.

As many as 201 tankers with ACG oil (around 145.7 million barrels of oil) were shipped from the Ceyhan oil terminal since early 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 percent), SOCAR (25.0 percent), MOL (replaced Chevron as of 16 April 2020 (9.57 percent), INPEX (9.31 percent), Equinor (7.27 percent), ExxonMobil (6.79 percent), TPAO (5.73 percent), ITOCHU (3.65 percent), ONGC Videsh Limited (OVL) (2.31 percent).

During the second quarter, ACG continued to safely and reliably deliver stable production. Total ACG production for the first half of 2021 was on average about 468,000 barrels per day (b/d) (about 85 million barrels or 11 million tonnes in total) from the Chirag (30,000 b/d), Central Azeri (111,000 b/d), West Azeri (118,000 b/d), East Azeri (78,000 b/d), Deepwater Gunashli (88,000 b/d) and West Chirag (43,000 b/d) platforms.

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Follow the author on Twitter: @Lyaman_Zeyn

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