BAKU, Azerbaijan, November 5. In the first three quarters of the year, about 165 million barrels (22 million tonnes) of crude oil exported via Baku-Tbilisi-Ceyhan was lifted at Ceyhan and loaded on 229 tankers, as compared to 171 million barrels in the same period in 2023, Trend reports via bp.
As such, the volume of transportation via BTC dropped by 3.5 percent year-on-year.
Since the 1,768 km BTC pipeline became operational in June 2006 till the end of September 2024, it carried a total of around 4.4 billion barrels (about 583 million tonnes) of crude oil loaded on 5,786 tankers and sent to world markets.
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, Turkmenistan, other SOCAR volumes produced in Azerbaijan) 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%).
Follow the author on X: @Lyaman_Zeyn