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Azerbaijan's oil exports via Turkey pipeline fall 1.4pc in Q1

BAKU: Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey fell 1.4 percent year-
Published April 18, 2019

BAKU: Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey fell 1.4 percent year-on-year in the first quarter of 2019 to 8.150 million tonnes, the State Statistics Committee said on Thursday.

The BTC pipeline is used to export oil from the Azeri, Chirag and Guneshli (ACG) oilfields operated by BP.

Azerbaijan's total oil exports in January-March totalled  10.005 million tonnes, 81.5 percent of which was exported through the BTC.

Azerbaijan also exports oil via Russia through the Baku-Novorossiisk pipeline and via Georgia by rail and through the Baku-Supsa pipeline.

Oil from Kazakhstan, Turkmenistan and Russia is also exported through the BTC pipeline, although Turkmenistan diverted its flows through the BTC to a Russian port earlier this year.

Azeri oil exports via the BTC rose 0.2 percent in 2018 to 33.827 million tonnes.

Azerbaijan's total oil exports last year amounted to 41.490 million tonnes. 81.5 percent of that was exported via the BTC.

Copyright Reuters, 2019
 

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