Volume of transit oil transported via BTC pipeline decreases by over 13%

In January-May 2025, more than 15.427 million tons of oil were transported through Azerbaijan's main oil pipelines.

Report informs with reference to the country's State Statistics Committee that this is 3.4% less compared to the first five months of 2024.

During this period, 75.5% of transportation was carried out through the Baku-Tbilisi-Ceyhan (BTC) oil export pipeline. As much as 11.646 million tons of oil were transported through this pipeline in January-May. This is 2.8% less compared to the same months of 2024.

During the reporting period, 83.4% or 9.749 million tons of oil transported through the BTC pipeline was oil produced in Azerbaijan, while 16.6% or 1.934 million tons was oil from Turkmenistan and Kazakhstan.

During this period, the volume of Azerbaijani oil transported through the BTC pipeline decreased by 0.4%, while the volume of oil from Turkmenistan and Kazakhstan decreased by 13.5%.

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

The shareholders in ACG are 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%).