• $ 1.7
  • € 1.9214
  • ₽ 0.020753
  • ₺ 0.0442
  • £ 2.26

BTC pipeline exports 7 million tonnes of crude in Q1

BTC pipeline exports 7 million tonnes of crude in Q1
01.05.2025 16:00

The Baku-Tbilisi-Ceyhan (BTC) pipeline exported around 7 million tonnes (54 million barrels) of crude oil and condensate in the first quarter of 2025, according to operator bp. The volumes were loaded onto 70 tankers at the Ceyhan terminal and shipped to global markets.

Since its launch in June 2006, the 1,768 km pipeline has transported approximately 598 million tonnes (over 4.5 billion barrels) of crude oil, delivered to 5,932 tankers at Ceyhan.

BTC’s operating expenses for Q1 stood at $32 million, and capital expenditures totaled $13 million.

The pipeline currently transports oil from the ACG field and condensate from Shah Deniz, along with additional volumes from Kazakhstan, Turkmenistan, and SOCAR’s domestic production in Azerbaijan.

Shareholding structure of BTC Co.:

SOCAR – 32.97%

bp – 30.10%

MOL – 8.90%

TPAO – 6.53%

Eni – 5.00%

TotalEnergies – 5.00%

ITOCHU – 3.40%

ONGC Videsh – 3.10%

ExxonMobil – 2.50%

INPEX – 2.50%

 

Similar news
Similar news
Azeri Light crude drops by $1.37 to $63.76 per barrel
Business 15:30
Azeri Light crude drops by $1.37 to $63.76 per barrel
BirbankPrivate recognized as “Best Private Banking Azerbaijan” by International Investor Magazine
Business 15:20
BirbankPrivate recognized as “Best Private Banking Azerbaijan” by International Investor Magazine
YeloBank continues to empower women’s leadership as a main partner of "SHE Congress 2025"
Business 15:14
YeloBank continues to empower women’s leadership as a main partner of "SHE Congress 2025"
Kazakhstan central bank reports tenge weakening, $968 mln in National Fund FX sales in April
Business 13:32
Kazakhstan central bank reports tenge weakening, $968 mln in National Fund FX sales in April
Azerbaijan central bank sets official exchange rates for May 2
Business 12:25
Azerbaijan central bank sets official exchange rates for May 2
SOCAR disputes IMF’s breakeven oil price forecast
Business 11:07
SOCAR disputes IMF’s breakeven oil price forecast
Azerbaijan’s central bank reserves rise to $11.06 billion as of May 1
Business 17:00
Azerbaijan’s central bank reserves rise to $11.06 billion as of May 1
Shah Deniz produces 7 bcm of gas, 1 mln tonnes of condensate in Q1
Business 16:30
Shah Deniz produces 7 bcm of gas, 1 mln tonnes of condensate in Q1
Azercell took part in “ADA Employability Week 2025”
Business 16:04
Azercell took part in “ADA Employability Week 2025”
Anews TV

Our official Youtube channel

Subscribe