Oil transportation volumes via BTC decreased by 3%

Baku. 15 October. REPORT.AZ/ 21.844 mln tons of Azerbaijani oil transported via the Baku-Tbilisi-Ceyhan (BTC) in January-September 2014. Compared to the same period last year, exports fell by 3.1%. In September 2,285 mln tons transported via pipeline. For the first 9 months of this year 385.597 thousand tons of Turkmen and Kazakh oil were transported via BTC, Report informs referring to the State Oil Company of Azerbaijan (SOCAR).

257.16 mln tons of oil transported through the pipeline since the beginning of operation as of October 1, 2014. The length of BTC is 1.768 km, including in Azerbaijan - 443 km, Georgia - 248 km, Turkey - 1.076 km.

The shareholders of BTC Co. pipeline company are BP (30,1%), SOCAR (25%), Chevron (8,9%), Statoil (8,71%), TPAO (6,53%), ENI (5%), Total (5%) , Itochu (3,4%), ConocoPhillirs (2.5%), Inrex (2.5%) and ONGC (2,36%).

Other News

Price of Azerbaijani oil exceeds $107 07 November, 2026 / 10:08
Azeri Light crude nears $107 per barrel 06 November, 2026 / 10:07
Brent exceeds $100 06 November, 2026 / 09:31
Azeri Light oil price falls to $106 05 November, 2026 / 09:52