Azerbaijani Oil Export in Decline

Azerbaijani Oil Export in Decline

Azerbaijan State Oil Company (SOCAR) reported that a total of 24,357,746 tons of Azerbaijani crude oil was exported to world markets through the Baku-Tbilisi- Ceyhan (BTC) port in the first ten months of 2013. The export was 2,414,780 tons in October, 2013.

Azerbaijani oil export through BTC in the first ten months of 2013 declined by 1,0 % compared to the same period of 2012. More than 24,594 million tons oil was exported in the first ten months of 2013.

The volume of oil shipped from the port to world markets since the commissioning of the Baku-Tbilisi-Ceyhan pipeline is 228,024,400 tons, SOCAR reported.
The total length of the BТС pipeline, which carries crude oil from the Azeri-Chirag-Gunashli oil fields in the Caspian Sea to the Turkish Mediterranean coast, is 1,768 kilometers, including the 443 kilometer section running via Azerbaijan, the 249 kilometer section via Georgia and 1,076 kilometers via Turkey.

© CESD, 2012

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