BAKU, Azerbaijan, April 17. The volume of oil transportation via the Baku-Tbilisi-Ceyhan (BTC) pipeline stood at 7 244 500 tons from January through March 2023, as compared to 6 675 000 tons in the same period in 2022, Trend reports with reference to Azerbaijan’s state statistical committee.
As such, oil transportation via BTC rose by 8.5 percent year-on-year.
Baku-Tbilisi-Ceyhan accounted for 76.3 percent of 9 500 800 tons of oil transported via Azerbaijan’s main oil pipelines in the first three months of 2023.
BTC transported 6 223 700 tons of Azerbaijani oil, which accounted for 85.9 percent of the total volume supplied via this pipeline. Around 14.1 percent or 1 020 800 tons of oil accounted for Turkmenistan and Kazakhstan. The volume of transit oil transportation via BTC in Q1 2022 stood at 1 201 700.
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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