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Oil exports in January-November via BTC pipeline rise 1.8% y/y

Monday, 18 December 2023 | 13:00

Oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey were up by 1.8% year-on-year in the first 11 months of this year at 27.6 million metric tons, Azerbaijan’s state statistics committee said.

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

Azerbaijan’s total oil exports in January-November 2023 were 36.4 million tons, of which 75.9% flowed through the BTC.

The volume of transit oil from other countries such as Kazakhstan and Turkmenistan through the BTC increased to 4.8 million metric tons in Jan-November 2023, from 4.7 million tons a year earlier.
Source: Reuters (Reporting by Nailia Bagirova; Editing by Mark Trevelyan)

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