Baku-Tbilisi-Ceyhan’s transit oil transportation up

Oil Materials 12 August 2022 13:12
Baku, Azerbaijan Trend News Agency Leman Zeynalova
Baku-Tbilisi-Ceyhan’s transit oil transportation up

The volume of transit oil transportation via the Baku-Tbilisi-Ceyhan pipeline stood at 2.614 million tons from January through July 2022, versus 2.419 million tons in the same period in 2021, Trend reports with reference to Azerbaijan’s State Statistical Committee.

As such BTC’s transit oil transportation grew by more than 8.06 percent year-on-year.

Baku-Tbilisi-Ceyhan transported 16.559 million tons of oil, accounting for 79.1 percent of 20.935 million tons of oil pumped via Azerbaijan’s main oil pipelines, as compared to 16.745 million tons or 79.8 percent of 20.997 million transported in the first 7 months of 2021.

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 continue to be transported via BTC.

BTC Co. shareholders are: bp (30.1 percent), SOCAR (25 percent), MOL (8.9 percent), Equinor (8.71 percent), TPAO (6.53 percent), Eni (5 percent), TotalEnergies (5 percent), ITOCHU (3.4 percent), INPEX (2.5 percent), ExxonMobil (2.5 percent) and ONGCVidesh (2.36 percent).