BAKU, Azerbaijan, September 18. The volume of oil transportation through the Baku-Tbilisi-Ceyhan (BTC) pipeline from January through August 2023 amounted to 20.1 million tons, Trend reports.
The data of the State Statistics Committee of Azerbaijan shows that in the same period last year, the volume of oil transportation amounted to 19 million tons.
Thus, oil transportation via BTC increased by 6.04 percent year-on-year.
The share of Baku-Tbilisi-Ceyhan accounted for 76.2 percent of the 26.4 million tons of oil transported through the main oil pipelines of Azerbaijan in the reporting period of 2023.
BTC transported 16.8 million tons of Azerbaijani oil, which is 83.5 percent of the total volume delivered through this pipeline. Meanwhile, 16.5 percent (3.3 million tons of oil) went to Turkmenistan and Kazakhstan. It should be noted that the volume of transit oil transportation through BTC from January through July 2022 amounted to 3 million tons.
The BTC pipeline currently transports mainly crude oil from the Azeri-Chirag-Gunashli field and condensate from Shah Deniz. In addition, BTC continues to transport volumes of crude oil and condensate from Kazakhstan and Turkmenistan.
BTC Co. shareholders are: bp (30.1 percent), SOCAR (25.00 percent), MOL (8.90 percent), Equinor (8.71 percent), TPAO (6.53 percent), Eni (5 percent), TotalEnergies (5 percent), ITOCHU (3.40 percent), INPEX (2.50 percent), ExxonMobil (2.50 percent), and ONGCVidesh (2.36 percent).