SOCAR on oil supplies from Kazakhstan

At the moment, oil supplies from Kazakhstan continue via the Baku-Tbilisi-Ceyhan (BTC) pipeline, said Ibrahim Ahmadov, Deputy Head of the Department for Organization of Events and Public Relations of the State Oil Company of Azerbaijan (SOCAR).

“On average, about 100 thousand tons of Kazakh oil per year are sent through the military-technical cooperation,” Ahmadov said.

It should be noted that the total length of the BTC oil pipeline is 1,768 kilometers, of which 443 kilometers run through the territory of Azerbaijan, 249 kilometers through Georgia, and 1,076 kilometers through Turkey.

The shareholders of BTC Co, which was established on August 1, 2003 to implement the project, are: BP (30.1 percent), AzBTC (25 percent), MOL (8.9 percent), Equinor (8.71 percent), TPAO (6 , 53 percent), Eni (5 percent), Total (5 percent), Itochu (3.4 percent), Inpex (2.5 percent), ExxonMobil (2.5 percent), and ONGC (2.36 percent).

According to bp, total BTC oil exports reached 500 million tons on December 12, 2021.

Caspian Barrel