TURKEY EARNS USD 700 MILLION FROM BTC PIPELINE
The Baku-Tbilisi-Ceyhan main export pipeline hauls 1 million barrels of oil per day, BP-Azerbaijan said. From 2008, 80 percent of the crude transported through the pipeline will fall to the share of Azerbaijan.
The annual pipeline throughput constitutes 50 million tons. It is possible to increase it up to 80-90 million tons in the future.
The pipeline has to date carried 22 million tons of crude (200 tankers). Turkey has profited $700 million from the BTC pipeline alone.
FEEDBACK
Other news in this section
- 29.08.2023 [10:41]
Oil prices fall in world markets
- 29.08.2023 [10:34]
Azerbaijani oil price sells for $88.56
- 28.08.2023 [16:41]
Shah Deniz celebrates 200 billion cubic metres of total gas production
- 28.08.2023 [10:49]
Oil prices rise in world markets
- 26.08.2023 [10:53]
Azerbaijani oil price exceeds $88
- 26.08.2023 [10:36]
Oil prices rise in world markets
- 25.08.2023 [11:00]
Azerbaijani oil price drops in world markets
- 25.08.2023 [10:21]
Oil prices rise in world markets
- 24.08.2023 [10:57]
Oil prices fall in world markets
Top stories update
- [20:00]
Azerbaijani oil exceeds $96
- [10:43]
From Edi Rama, Prime Minister of the Republic of Albania
- 11.06.2026 [20:10]
From Adama Barrow, President of the Republic of the Gambia
- 11.06.2026 [20:09]
Top stories update
- 11.06.2026 [20:00]
Trump says his 'preference' is to take Iran's Kharg Island
- 11.06.2026 [19:53]
Japanese media highlights Azerbaijan’s strategic importance
- 11.06.2026 [19:49]
OPEC again lowers 2026 global oil demand growth forecast
- 11.06.2026 [19:20]
® Azercell supports first local stage of RobotChallenge competition
- 11.06.2026 [17:46]
Volkan Yilmaz: Türkiye-Azerbaijan brotherhood is of great importance to us
- 11.06.2026 [17:44]
17 wagons of diesel fuel sent from Azerbaijan to Armenia
- 11.06.2026 [17:16]
Pashinyan voices hope for early implementation of TRIPP project
- 11.06.2026 [16:36]
National Liberation Day commemorated at Baku Engineering University
- 11.06.2026 [16:22]
Azerbaijan, Romania explore cultural cooperation
- 11.06.2026 [16:12]
Leaves reveal hidden trail of ‘forever chemicals,’ study finds
- 11.06.2026 [16:10]
Iran hands over 408 inmates to Afghanistan
- 11.06.2026 [15:52]
We must support Kyiv, keep up pressure on Russia says Meloni
- 11.06.2026 [15:45]
Uzbekistan studies Germany’s dual education experience
- 11.06.2026 [15:42]
Greek ambassador to Azerbaijan visits ASAN Khidmet center
- 11.06.2026 [15:14]