BAKU, Azerbaijan, March 17. The volume of oil transportation via the Baku-Tbilisi-Ceyhan (BTC) pipeline stood at 626 700 tons from January through February 2023, as compared to 800 900 tons in the same period in 2022, Trend reports with reference to Azerbaijan’s state statistical committee.
As such, transit oil transportation via BTC dropped by 21.75 percent year-on-year.
During the reporting period, BTC transported over 4.629 million tons of oil, which accounts for 76.5 percent of the total 6.048 million tons of oil pumped via Azerbaijan’s main oil pipelines, as compared to 4.277 million tons or 76.7 percent of 5.575 million tons of oil transported from January through February 2022.
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%). 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.
In 2022, around 224 million barrels (about 30 million tonnes) of BTC-exported crude oil was lifted at Ceyhan loaded on 305 tankers.
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.
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