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BTC Pipeline Flows Rose 5.6% YoY In Jan-May

OIL

The Baku-Tbilisi-Ceyhan (BTC) pipeline shipped 12.435m tons of crude oil in the January-May period, according to data from Azerbaijan’s State Statistics Committee.

  • This compares to exports of 11.781mn tons during the same period last year.
  • Azerbaijani oil accounted for 84% of total exports shipped via the BTC pipeline, while the remainder came from Kazakhstan and Turkmenistan.
  • The pipeline is planned to export 1.125mn tons of oil from Kazakhstan by the end of the year, Azerbaijan’s Energy Minister Parviz Shahbazov said earlier this month.

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