BAKU, Azerbaijan, May 18. The volume of transit oil transportation via the Baku-Tbilisi-Ceyhan pipeline stood at 1.575 million tons from January through April 2022, versus 1.289 million tons in the same period in 2021, Trend reports with reference to Azerbaijan’s State Statistical Committee.
As such BTC’s transit oil transportation grew by around 22.2 percent year-on-year.
Baku-Tbilisi-Ceyhan transported 9.173 million tons of oil, accounting for 79 percent of 11.611 million tons of oil pumped via Azerbaijan’s main oil pipelines, as compared to 4.437 million tons or 76.1 percent of 11.904 million transported in the first four months of 2021.
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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