Baku-Tbilisi-Ceyhan pipeline delivers 3.3 bbl of oil

17/10/2019 09:57 Oil Market

news

Baku-Tbilisi-Ceyhan (BTC) oil pipeline delivered 3.3 billion barrels of Azeri oil since it became operational in 2006, from Ceyhan marine terminal in the Adana province of southern Turkey to the international oil markets, according to data from Turkey's petroleum pipeline corporation BOTAS.

The oil delivered through the 1,776 kilometer-long BTC pipeline was loaded to more than 4,300 oil tankers in Haydar Aliyev marine terminal in Ceyhan near Adana, a southeastern coastal province, during the past 13 years to reach the global oil market.

 

While the highest oil delivery through the pipeline was made in 2010 with 286.2 million barrels, the lowest delivery was recorded in 2006 with 57.8 million barrels, according to BOTAS figures.

 

Since the beginning of this year, approximately 187.9 million barrels of oil were delivered through the BTC pipeline until Oct. 15, the data showed.

 

The BTC pipeline delivers Azeri light crude -- mainly from the Azeri-Chirag-Guneshli field -- through Georgia to Turkey's Mediterranean port of Ceyhan for further export via tankers.

Source: aa.com.tr

Daily (19.11.2019): NBP spot fell by 2% on forecasts for lower heating and gas-for-power demand due to milder weather

19/11/2019 10:40:00

Oil prices lost ground on Monday amid uncertainty over a trade agreement between the U.S. and China. Furthermore, worries about crude oversupply also put pressure on oil contracts. Brent crude dropped by 1.4% to $62.44 a barrel and WTI futures fell by 1.1% to $58.05 a barrel.

<READ MORE

Ukrainian power player hits 1GW milestone

19/11/2019 09:12:00

Ukraine developer DTEK has reached 1GW of online renewables capacity after completing the 100MW Orlivska wind farm in the Zaporizhzhia region of its home market.

READ MORE

World's largest green-hydrogen plant begins operation in Austria

19/11/2019 09:09:00

The world’s largest green-hydrogen production facility has commenced operations in Austria, “setting an international milestone in the advancement of new energy supply options”, according to the project partners.

READ MORE