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Baku-Tbilisi-Ceyhan to boost oil transportation from Kazakhstan

Oil&Gas Materials 26 January 2023 14:52 (UTC +04:00)
Baku-Tbilisi-Ceyhan to boost oil transportation from Kazakhstan
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, Jan.26. The transportation of transit oil from Kazakhstan via the Baku-Tbilisi-Ceyhan pipeline will increase this year, bp Vice President for the Caspian region, Communications and External Affairs Bakhtiyar Aslanbeyli told reporters Jan.26, Trend reports.

“We have been transporting oil from Kazakhstan via BTC since last year. This year will see the volumes increase. The accurate numbers can be provided by Azerbaijan’s state oil company SOCAR. But we have limits on the volume of oil transit through the Baku-Tbilisi-Ceyhan pipeline. That’s to say, due to quality requirements, we cannot fill all the free capacity of the pipeline with oil from Kazakhstan,” he explained.

Earlier, Wood Mackenzie said that to maintain the Baku-Tbilisi-Ceyhan (BTC) blend’s price premium, bp and other shippers will not want to accept too much Kashagan crude with its mercaptan impurities.

Kazakh crude will utilize Azerbaijan’s Baku-Tbilisi-Ceyhan (BTC) pipeline throughout 2023, assuming bilateral terms are finalized.

“Other Kazakh oil heading to Azerbaijan could use the currently idle Western Route Export Pipeline (WREP) to Supsa on Georgia’s Black Sea coast. Despite 600,000 b/d of BTC ullage, the roadblocks for Kazakh liquids are earlier in the value chain. Debottlenecking investment needs to begin soon to unlock rail, port and Caspian tanker fleet capacity,” WoodMac experts believe.

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