BAKU, Azerbaijan, May 18. The volume of oil transportation through the Baku-Tbilisi-Ceyhan (BTC) pipeline from January to April 2023 amounted to 9.802 million tons compared to 9.173 million tons for the same period in 2022, Trend reports citing the State Statistical Committee of Azerbaijan.
As such, oil transportation via the BTC pipeline increased by 6.8 percent year-on-year.
BTC accounted for 76.4 percent of the total of 12.833 million tons of oil transported through Azerbaijan's main oil pipelines in the first four months of 2023.
A total of 8.316 million tons of Azerbaijani oil were transported via the BTC pipeline, accounting for 84.8 percent of the overall volume delivered through this pipeline. Approximately 15.2 percent, or 1.487 million tons of oil, came from Turkmenistan and Kazakhstan. The volume of transit oil transported via the BTC pipeline in the first four months of 2022 stood at 1.575 million tons.
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.
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%).
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