BAKU, Azerbaijan, Feb.20. Transit oil transportation via the Baku-Tbilisi-Ceyhan (BTC) stood at 370 600 tons in January 2023, as compared to 430 100 tons in the same period in 2022, Trend reports with reference to Azerbaijan’s state statistical committee.
As such, transit oil transportation via BTC has decreased by 13.8 percent year-on-year.
During the reporting period, the pipeline supplied 2.5 million tons of oil accounting for 77.8 percent of 3.3 million tons of oil pumped via Azerbaijan’s main oil pipelines, as compared to 2.3 million tons accounting for 77.2 percent of almost 3 million tons of oil transported in January 2022.
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 (Kazakhstan and Turkmenistan) continue to be transported via BTC.
Since the 1,768 km BTC pipeline became operational in June 2006 till the end of 2022, it carried a total of 3.99 billion barrels (more than 531 million tonnes) of crude oil loaded on 5,244 tankers and sent to world markets. On 18 January 2023, BTC achieved the 4 billion barrels of oil export milestone.
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%).
---
Follow the author on Twitter: @Lyaman_Zeyn