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BTC pipeline transported 4.6 billion barrels of oil to world markets since its commissioning

07 August 2025 13:45 (UTC +04:00)

Approximately $60 million was spent on operating expenditures and $30 million on capital expenditures for the Baku-Tbilisi-Ceyhan (BTC) oil pipeline in the first half of this year, APA-Economics reports citing BP’s report dedicated to the results of its activities in Azerbaijan for the third quarter of this year.

According to the report, since the 1,768 km-long BTC pipeline was commissioned in June 2006 until the end of the first half of 2025, approximately 605 million tonnes (around 4.6 billion barrels) of crude oil were transported through the pipeline and loaded onto 6,007 tankers at Ceyhan to be delivered to world markets.

“In the first half of this year, approximately 13 million tonnes (around 106 million barrels) of crude oil and condensate exported via BTC, were loaded onto 145 tankers at the Ceyhan terminal and dispatched,” the report says.

Currently, the BTC pipeline primarily transports ACG oil and Shah Deniz condensate from Azerbaijan. In addition, the pipeline carries other regional crude oil and condensate volumes from the Caspian region (Kazakhstan, Turkmenistan, and additional volumes produced in Azerbaijan by SOCAR).

The shareholders of BTC Co. are: bp (30.10%), SOCAR (32.97%), MOL (8.90%), TPAO (6.53%), Eni (5.00%), TotalEnergies (5.00%), ITOCHU (3.40%), ONGC Videsh (3.10%), ExxonMobil (2.50%), and INPEX (2.50%).