BAKU, Azerbaijan, October 12. The volume of oil transportation through the Baku-Tbilisi-Ceyhan (BTC) pipeline amounted to 22.6 million tons from January through September 2023, Trend reports.
The data from the State Statistics Committee of Azerbaijan shows that the volume of oil transportation amounted to 19 million tons in the same period last year.
Thus, oil transportation via BTC increased by 4.5 percent year-on-year.
Baku-Tbilisi-Ceyhan accounted for 76.1 percent of the 29.7 million tons of oil transported through the main oil pipelines of Azerbaijan from January through September 2023.
BTC transported 18.8 million tons of Azerbaijani oil, which is 83.1 percent of the total volume delivered through this pipeline. Turkmenistan and Kazakhstan accounted for 16.9 percent (3.8 million tons of oil). Also, the volume of transit oil transportation through BTC amounted to 3.5 million tons from January through September 2023.
Currently, the BTC pipeline transports mainly crude oil from Azeri-Chirag-Guneshli and condensate from Shah Deniz. In addition, BTC continues to transport volumes of 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 (5.00 percent), TotalEnergies (5.00 percent), ITOCHU (3.40 percent), INPEX (2.50 percent), ExxonMobil (2.50 percent), and ONGCVidesh (2.36 percent).