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20 Mar 2020

Azerbaijan's BTC Pipeline Jan-Feb Oil Exports Down 7.3 Per Cent yr/yr

20 Mar 2020  by The Economic Times   

Azerbaijan's total oil exports in January-February totalled 6.271 million tonnes, about 80 per cent through the BTC.

BAKU:Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey fell by 7.3 per cent year-on-year in January-February to 5.03 million tonnes, the State Statistics Committee said on Thursday.

The BTC pipeline is used to export oil from the Azeri, Chirag and Guneshli (ACG) oilfields operated by BP.

Azerbaijan's total oil exports in January-February totalled 6.271 million tonnes, about 80 per cent through the BTC.

The volume of transit oil through BTC fell to 723,900 tonnes in the first two months, from 752,700 tonnes a year earlier.

Azerbaijan also exports oil via Russia through the Baku-Novorossiisk pipeline and via Georgia by rail and through the Baku-Supsa pipeline.

Oil from Kazakhstan, Turkmenistan and Russia is also exported through the BTC pipeline, although Turkmenistan diverted its flows through the BTC to a Russian port in 2019.

Azerbaijan's oil exports through BTC fell 8 per cent in 2019 to 31.135 million tonnes.

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