Bank Of Baku

Azerbaijan slashes oil through pipelines at steady pace in January-July

Azerbaijan slashes oil through pipelines at steady pace in January-July
# 20 August 2009 10:16 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. In total 29.2 million tons of oil was pumped through Azerbaijan’s network of pipelines in January-July, down 15.8% from a year ago.

The State Statistical Committee said the Baku-Tbilisi-Ceyhan Pipeline (BTC) took 75.5% of oil transportation, down 15.3% from a year ago.

Besides, 1 million tons of Kazakh oil flowed via the BTC Pipeline in January-July.

Also, 7.1 billion tons of natural gas was pumped via pipelines, up 13.3% on the same period last year.

Baku-Tbilisi-Erzurum Pipeline took 3.2 billion tons or about 30% of the gas transportation during this period.
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