BTC pipeline transports over 546 million tonnes of crude oil in H1

24 November 2024

BTC pipeline transports over 546 million tonnes of crude oil in H1 2023

11:12 04 August 2023 Read: 653

BTC pipeline transports over 546 million tonnes of crude oil in H1 2023

Since the 1,768 km BTC pipeline became operational in June 2006 till the end of June 2023, it carried a total of over 4.1 billion barrels (more than 546 million tonnes) of crude oil loaded on 5,402 tankers and sent to world markets. The 4 billion barrels of oil export milestone was achieved on 18 January 2023, bp Azerbaijan told AzVision.az.

In the first half of 2023, BTC Co. spent about $59 million in operating expenditure and $18 million in capital expenditure,” the company said.

In the first half of the year, 114 million barrels (more than 15 million tonnes) of BTC-exported crude oil was lifted at Ceyhan and loaded on 158 tankers.

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 (Kazakhstan and Turkmenistan) continue to be transported via BTC.

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