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Oil exports via BTC for 9 months 19% up

BTC
BM. GE
30.10.23 14:24
39

Oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline in January-September 2023 amounted to 171.676 million barrels, which is 19.2% higher than the same period last year, the Turkish company BOTAS International Limited (BIL) told Interfax-Azerbaijan. BIL is the operator of the Turkish section of the BTC pipeline.

According to the company, in September 19.085 million barrels were transported via the BTC oil pipeline (+3.5% of the September 2022 figure).

In 2022, oil exports via the BTC amounted to 225.445 million barrels (+12.6% of the 2021 figure).

At present, the BTC oil pipeline pumps oil from the Azeri-Chirag-Guneshli field block and condensate from the Shah Deniz field, as well as oil and condensate from SOCAR. The BTC also transports oil from other sources.

The length of the BTC oil pipeline is 1,768 thousand km, with 443 km in Azerbaijan, 249 km in Georgia and 1,076 thousand km in Turkey. The pipeline's throughput capacity exceeds 50 million tons of oil per year.

Project participants are: BP (30.1%); SOCAR (25%); MOL (8.9%); Equinor (8.71%); TPAO (6.53%); ENI (5%); Itochu (3.4%); ExxonMobil (2.5%); INPEX (2.5%), TotalEnergies (5%) and ONGCVidesh (2.36%).