Baku-Tbilisi-Ceyhan’s transit oil transportation up

Oil&Gas Materials 18 July 2022 15:14 (UTC +04:00)
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, July 18. The volume of transit oil transportation via the Baku-Tbilisi-Ceyhan pipeline stood at 2.361 million tons from January through June 2022, versus 1.65 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 more than 43 percent year-on-year.

Baku-Tbilisi-Ceyhan transported 14.112 million tons of oil, accounting for 79.5 percent of 17.747 million tons of oil pumped via Azerbaijan’s main oil pipelines, as compared to 13.072 million tons or 74.9 percent of 17.458 million transported in the first six 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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