Oil exports via the Baku-Tbilisi-Ceyhan pipeline, which runs from Azerbaijan through Georgia to Turkey, were down 4.0% year-on-year in January-October 2024 at 24.18 million metric tons, Azerbaijan’s state statistics committee said.

The BTC pipeline is used to export oil from the Azeri, Chirag and Guneshli oilfields, which are operated by BP BP.L.

Azerbaijan’s total oil transit in January-October 2024 amounted to 32.1 million tons, of which 75.3% flowed through the BTC.

The amount of transit oil sourced from other countries such as Kazakhstan and Turkmenistan via the BTC rose to 4.475 million tons in January-October from 4.270 million tons in the same period of 2023, the data showed.
Source: Reuters (Reporting by Nailia Bagirova, Editing by Andrew Osborn)