Bank Of Baku

Transit oil transportation via BTC increased

Transit oil transportation via BTC increased
# 17 December 2024 15:04 (UTC +04:00)

In January-October of this year, 35 360 thousand tons of oil were transported through Azerbaijan's oil pipelines, which is a 2,9% decrease compared to the same period last year, Azerbaijan's State Statistics Committee told APA-Economics.

According to the Committee, 75.9% of the transported oil was delivered via the Baku-Tbilisi-Ceyhan (BTC) pipeline and 26 831,1 thousand tons of oil was transported via this pipeline, which is 2.9% less in annual comparison.

Of the oil transported via the BTC pipeline during the reporting period, 81.8%  or 21 940,5 thousand tons was produced in Azerbaijan, while 18.2% or 4 890,6 thousand tons (increase of 2,3%) came from Turkmenistan and Kazakhstan.

 

For reference, last year, 39,753.2 thousand tons of oil were transported through main oil pipelines which is an increase of 5.2% year-on-year. Of this, 75.9% was transported via the BTC pipeline, which accounted for 30,191.6 thousand tons of oil, a 1.49% rise compared to the previous year.

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