BAKU, Azerbaijan, June 15. The volume of oil transportation through the Baku-Tbilisi-Ceyhan (BTC) pipeline from January to May 2023 amounted to 12.4 million tons, Trend reports.
According to the State Statistics Committee of the country, in the same period last year, this figure amounted to 11.78 million tons.
Thus, oil transportation via the BTC pipeline increased by 5.55 percent year-on-year.
BTC accounted for 76.4 percent of the total of 16.26 million tons of oil transported through Azerbaijan's main oil pipelines in the first five months of 2023.
A total of 10.48 million tons of Azerbaijani oil were transported via the BTC pipeline, accounting for 84.3 percent of the overall volume delivered through this pipeline. Approximately 15.7 percent, or 1.9 million tons of oil, came from Turkmenistan and Kazakhstan. The volume of transit oil transported via the BTC pipeline in the first five months of 2022 stood at 2.01 million tons.
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.
BTC Co. shareholders are: bp (30.1percent), SOCAR (25 percent), MOL (8.9 percent), Equinor (8.71 percent), TPAO (6.53 percent), Eni (five percent), TotalEnergies (five percent), ITOCHU (3.4 percent), INPEX (2.5 percent), ExxonMobil (2.5 percent) and ONGCVidesh (2.36 percent).