ECONOMY
BTC pipeline transports over 546 million tonnes of crude oil in first half of 2023
Baku, August 4, AZERTAC
Since the 1,768 km BTC pipeline became operational in June 2006 till the end of June 2023, it carried a total of over 4.1 billion barrels (more than 546 million tonnes) of crude oil loaded on 5,402 tankers and sent to world markets. The 4 billion barrels of oil export milestone was achieved on 18 January 2023, bp Azerbaijan told AZERTAC.
In the first half of 2023, BTC Co. spent about $59 million in operating expenditure and $18 million in capital expenditure,” the company said.
In the first half of the year, 114 million barrels (more than 15 million tonnes) of BTC-exported crude oil was lifted at Ceyhan and loaded on 158 tankers.
The BTC pipeline currently carries mainly ACG crude oil and Shah Deniz condensate from Azerbaijan. In addition, other volumes of Caspian regional crude oil and condensate (Kazakhstan and Turkmenistan) continue to be transported via BTC.
FEEDBACK
Other news in this section
- 29.06.2024 [11:11]
Oil prices end mixed in global markets
- 29.06.2024 [11:10]
Azerbaijani oil price down in global markets
- 29.06.2024 [11:00]
Azerbaijan, Moldova discuss prospects for cooperation
- 28.06.2024 [20:26]
® Bakcell presents a new store in Shusha
- 28.06.2024 [20:02]
Montenegro-Azerbaijan business forum held
- 28.06.2024 [17:39]
® Kapital Bank completed placement of the second tranche of manat bonds
- 28.06.2024 [17:06]
® Azercell extends its ISO certification for customer satisfaction
- 28.06.2024 [10:52]
Azerbaijani oil sells for $89
- 28.06.2024 [10:23]
Oil prices rise in global markets
AI can beat university students, study suggests
- 28.06.2024 [20:48]
James O'Brien: We invited Azerbaijan and Armenia to NATO summit
- 28.06.2024 [20:33]
® Bakcell presents a new store in Shusha
- 28.06.2024 [20:26]
Montenegro-Azerbaijan business forum held
- 28.06.2024 [20:02]
Azerbaijani Deputy FM: UK shows great interest in COP29 preparation
- 28.06.2024 [18:33]
Panama Canal agency warns water shortage "is not over"
- 28.06.2024 [17:55]
UN secretary-general says will attend SCO summit in Kazakhstan
- 28.06.2024 [17:45]
Azerbaijani gymnasts aim for medals rush in Swiss tournament
- 28.06.2024 [17:44]
® Kapital Bank completed placement of the second tranche of manat bonds
- 28.06.2024 [17:39]
Sudan is facing an unprecedented hunger catastrophe, say UN agency chiefs
- 28.06.2024 [17:22]
® Azercell extends its ISO certification for customer satisfaction
- 28.06.2024 [17:06]
BHOS rector meets with students who score high in IELTS
- 28.06.2024 [16:58]
Azerbaijani, Ukrainian media outlets explore priorities for cooperation
- 28.06.2024 [16:54]
Azerbaijani female karate fighter wins bronze in 2024 Karate 1 Youth League
- 28.06.2024 [16:39]
Azerbaijan’s Guba to host FIBA 3x3 Women's Series 2024
- 28.06.2024 [16:38]
Britain’s Princess Anne discharged from the hospital after head injury
- 28.06.2024 [16:38]
Azerbaijani Youth and Sports minister meets with his Chadian counterpart
- 28.06.2024 [16:20]
Azerbaijan-Kyrgyz Development Fund to be established
- 28.06.2024 [15:46]
ADA University hosts English-Language teachers’ conference
- 28.06.2024 [13:34]
BHOS rector meets with foreign students
- 28.06.2024 [12:54]
UN Secretary General to attend COP29 in Baku
- 28.06.2024 [12:48]
Peru’s Pacific Coast rocked by magnitude 7.2 earthquake
- 28.06.2024 [12:30]
Magnitude 5 quake rattles Azerbaijan’s Lerik district
- 28.06.2024 [11:12]
AI among Top 10 emerging technologies of 2024
- 28.06.2024 [11:03]
Azerbaijani oil sells for $89
- 28.06.2024 [10:52]
$629mln worth of agreements concluded at Kazakhstan-China Forum
- 28.06.2024 [10:48]
Azerbaijan relocates 21 more residents to Lachin city VIDEO
- 28.06.2024 [10:31]
Oil prices rise in global markets
- 28.06.2024 [10:23]
Azerbaijani, Serbian military experts hold meeting
- 28.06.2024 [10:22]
Warships of Russia’s Caspian Flotilla pay friendly visit to Baku
- 27.06.2024 [21:18]
Azerbaijan, China discuss cooperation in energy storage systems
- 27.06.2024 [21:01]
COP29 Information Centre opens to visitors VIDEO
- 27.06.2024 [20:37]
Azerbaijan, Ukraine explore current state of relations
- 27.06.2024 [19:48]
Azerbaijan, Libya hail mutual support within international organizations
- 27.06.2024 [19:11]
Nacho Fernández leaves Real Madrid and joins Al Qadisiyah
- 27.06.2024 [18:52]
Azerbaijan, Georgia discuss prospects for developing interparliamentary ties
- 27.06.2024 [18:47]
UK car output falls nearly 12% in May on EV transition, says industry body
- 27.06.2024 [18:34]
Azerbaijan, Georgia explore prospects for developing bilateral relations
- 27.06.2024 [18:26]
Greco-Roman burials indicating ancient disease unearthed in Egypt’s Aswan
- 27.06.2024 [17:55]
Azerbaijani FM visits monument to National Leader Heydar Aliyev in Tbilisi
- 27.06.2024 [17:34]
UNEP Executive Director hails Azerbaijan’s efforts to address climate change
- 27.06.2024 [17:24]
Gassy cows and pigs will face a carbon tax in Denmark, a world first
- 27.06.2024 [15:18]
Central Bank: $94.8m worth of demand fully covered at FX auction
- 27.06.2024 [14:59]
President Ilham Aliyev received President of Asian Development Bank VIDEO
- 27.06.2024 [14:52]
World Drug Day report highlights spike in drug use, increased trafficking
- 27.06.2024 [12:48]
Azerbaijan Army servicemen hold volleyball championship
- 27.06.2024 [12:33]
Azerbaijani FM embarks on official visit to Georgia
- 27.06.2024 [10:52]