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bp reveals volume of oil exports via Baku-Tbilisi-Ceyhan

Oil&Gas Materials 5 May 2022 13:04 (UTC +04:00)
bp reveals volume of oil exports via Baku-Tbilisi-Ceyhan
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, May 5. In the first quarter of 2022, around 51 million barrels (about 6.7 million tonnes) of Baku-Tbilisi-Ceyhan (BTC)-exported crude oil was lifted at Ceyhan loaded on 68 tankers, unchanged from the first quarter of 2021, Trend reports via bp.

Since the 1,768 km BTC pipeline became operational in June 2006 till the end of the first quarter of 2022, it carried a total of 3.82 billion barrels (more than 509 million tonnes) of crude oil loaded on 5,007 tankers and sent to world markets.

On 23 March 2022, BTC reached a significant milestone by loading the 5000th tanker of oil transported from the Sangachal terminal near Baku across Azerbaijan, Georgia and Turkey to Ceyhan.

The BTC pipeline currently carries mainly ACG crude oil and Shah Deniz condensate from Azerbaijan. In addition, other volumes of Caspian regional crude oil and condensate continue to be transported via BTC.

BTC Co. shareholders are: bp (30.1 percent), SOCAR (25 percent), MOL (8.9 percent), Equinor (8.71 percent), TPAO (6.53 percent), Eni (5 percent), TotalEnergies (5 percent), ITOCHU (3.4 percent), INPEX (2.5 percent), ExxonMobil (2.5 percent) and ONGCVidesh (2.36 percent).

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