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Oil transit via Baku-Tbilisi-Ceyhan will exceed 31m t in 2021

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The Government of Azerbaijan predicts a 1.6% increase in oil transit via BTC in 2021 in comparison to 2017.

According to the forecasts, a total of 30.5m t of oil will be pumped over the main in 2018, with the amount to reach 32.2 mtpa in 2019 and 2020.

As reported earlier, the BTC transit is expected at 30.9 mtpa in 2017.

At present the main pumps oil from Azeri-Chirag-Gunashli fields and condensate from Shah Deniz. Starting from June 2010, the main also transfers Turkmen oil; since October 2013 – Kazakh oil.

The overall BTC transit in 2016 totalled 33.9 mtpa of oil.

The BTC pipeline is 1768 km long, with 443 km passing through Azerbaijan, 249 km – through Georgia, and 1076 km through Turkey. The pipeline carrying capacity is 50 mtpa of oil.

Project stakeholers are: BP (30,1%); SOCAR (25%); Chevron (8,9%); Statoil (8,71%); TPAO (6,53%); ENI (5%); Itochu (3,4%); CIECO (2,5%); INPEX (2,5%), Total (5%) and ONGC (2,36%).

Source: interfax.az

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