Over 99.9m barrels of oil transported within BTC – MENAFN.COM

SourceMENAFN
SectorOil & Gas
CountryGulf

Over 99. 9 million barrels of oil were transported from Turkey’s Ceyhan terminal of the Baku-Tbilisi-Ceyhan (BTC) pipeline in the first half of 2021, Azertag reported. BTC takes Azerbaijan’s energy resources to the European markets It should be noted that 1.

7 million barrels of oil were dispatched from the Ceyhan terminal in 2020. The Baku-Tbilisi-Ceyhan pipeline is a transport line for Azerbaijani oil from the Caspian Sea to the port of Ceyhan in Turkey, and then to European markets via the Mediterranean Sea. The construction of the Baku-Tbilisi-Ceyhan pipeline started on September 18, 2002 in Azerbaijan’s capital Baku. On July 13, 2006, the official opening ceremony of the Baku-Tbilisi-Ceyhan oil pipeline took place in Turkey. The total length of the pipeline is 1, 768 km, of which 443 km pass through the territory of Azerbaijan; 249 km to Georgia; 1076 km to Turkey. The projected capacity is 50 million tons of oil per year or one million barrels per day. Currently, oil from the Azeri-Chirag-Guneshlu block of fields, condensate from Shah Deniz field, as well as SOCAR oil is transported via the Baku-Tbilisi-Ceyhan pipeline. The Baku- Tbilisi- Ceyhan pipeline shareholders are: BP (30. 1 percent); AzBTC (25 percent); MOL

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