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Baku-Tbilisi-Ceyhan boosts oil transportation

Oil&Gas Materials 4 August 2022 14:23 (UTC +04:00)
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, Aug.4. In the first half, around 107 million barrels (more than 14.1 million tonnes) of Baku-Tbilisi-Ceyhan-exported crude oil was lifted at Ceyhan loaded on 148 tankers, as compared to 99 million barrels in H1 2021, showing a 8.08 percent increase, Trend reports via bp.

Since the 1,768 km BTC pipeline became operational in June 2006 till the end of the second quarter of 2022, it carried a total of 3.87 billion barrels (more than 516 million tonnes) of crude oil loaded on 5,087 tankers and sent to world markets.

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%), SOCAR (25.00%), MOL (8.90%), Equinor (8.71%), TPAO (6.53%), Eni (5.00%), TotalEnergies (5.00%), ITOCHU (3.40%), INPEX (2.50%), ExxonMobil (2.50%) and ONGCVidesh (2.36%).

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