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Volume of Russian crude oil transported via Baku-Tbilisi-Ceyhan unveiled

Oil&Gas Materials 22 August 2022 18:41 (UTC +04:00)
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, August 22. A total of 850,000 tons of Russian crude oil was exported through Baku-Tbilisi-Ceyhan pipeline from January through July 2022, Trend reports via Argus independent price reporting agency.

In addition, the volume of Russian condensate transported to the Sangachal terminal amounted to 67,500 tons (an increase of 2.25 times) in the first half of 2022.

Baku-Tbilisi-Ceyhan transported 2.614 million tons of oil against 2.419 million tons transported in the same period the previous year.

The total length of the BTC oil pipeline is 1,768 kilometers, of which 443 kilometers run through the territory of Azerbaijan, 249 kilometers - through the territory of Georgia, 1,076 kilometers - through the territory of Türkiye. Construction of the pipeline began in April 2003, and its filling with oil began on May 18, 2005.

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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