BTC increases oil and condensate transportation by more than 12% this year 

In the first three quarters, around 164 million barrels (about 22 million tons) of BTC-exported crude oil were lifted at Ceyhan and loaded on 224 tankers, up 2.4 million tons or 12.2% from the previous year, Report informs, citing BP-Azerbaijan.

Since the 1,768 km BTC pipeline became operational in June 2006 till the end of the third quarter of 2022, it carried a total of 3.93 billion barrels (more than 524 million tonnes) of crude oil loaded on 5,163 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 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%).