Azerbaijan discloses transit oil volumes transported via BTC pipeline

In January-February 2025, just over 6 million tons of oil were transported through Azerbaijan's main oil pipelines, 1.8% less year-on-year, Report informs, citing the State Statistical Committee.

Over this period, 73.2% of the transportation was carried out through the Baku-Tbilisi-Ceyhan (BTC) oil export pipeline. In January-February, 4.43 million tons of oil were transported through this pipeline, 6.3% less than in January-February of 2024.

Of the oil transported through the BTC pipeline during the mentioned period, 83.9% or 3.72 million tons was oil produced in Azerbaijan, and 16.1% or 711,500 tons was oil imported from Turkmenistan and Kazakhstan.

During this period, the volume of Azerbaijani oil transported via the BTC pipeline decreased by 4.2%, while the volume of oil from Turkmenistan and Kazakhstan went down by 15.6%.

Currently, the BTC pipeline mainly transports oil produced from the Azeri-Chirag-Gunashli (ACG) field block in Azerbaijan and condensate from the Shah Deniz field. In addition, other volumes of crude oil and condensate are transported via the BTC, including oil from Turkmenistan and Kazakhstan.

BP (30.37%), SOCAR (31.65%), MOL Group (9.57%), INPEX (9.31%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%), ONGC Videsh Limited (OVL) (2.92%) are shareholders in ACG.