Azerbaijani Oil Exports via BTC Pipeline Reach Over 610 Million Tons

Photo: Caspian Barrel

Azerbaijani Oil Exports via BTC Pipeline Reach Over 610 Million Tons

Since the launch of the Baku-Tbilisi-Ceyhan (BTC) pipeline, Azerbaijan has exported a total of 612.2 million tons of oil to global markets as of July 1 this year, according to the State Oil Company of Azerbaijan Republic (SOCAR).

According to SOCAR, 89 percent of these volumes fell on the BTC pipeline, The Caspian Post reports.

The volume of transit oil transported via BTC during this period amounted to 66.6 million tons, accounting for 11 percent of the total volume.

On July 13, 2006, the official opening ceremony of the BTC main export oil pipeline, as one of the key components of the "Contract of the Century", which provides direct access of Azerbaijani oil to world markets, significantly bolstering the country's energy security, was held at Türkiye’s Ceyhan terminal.

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Since the launch of the Baku-Tbilisi-Ceyhan (BTC) pipeline, Azerbaijan has exported a total of 612.2 million tons of oil to global markets as of July 1 this year, according to the State Oil Company of Azerbaijan Republic (SOCAR).