The State Oil Company of the Republic of Azerbaijan (SOCAR) has started the transit of Kazakh oil through the Baku-Tbilisi-Ceyhan pipeline ( BTC), the SOCAR press service reports.
“On March 23, the first batch of Kazakh oil extracted from the Tengiz field was delivered by the tanker President Heydar Aliyev from the port of Aktau (Kazakhstan) to the Sangachal terminal, located 42 km south of Baku. Transportation of Kazakh oil via the BTC is conducted within the framework of the agreement between SOCAR and “Kazmunaygas”, which provides for the transit of 1.5 million tons of oil per year. By the end of 2023, it is planned to carry out 12-14 tanker flights per month on the Caspian Sea. The tanker “Shusha”, which will deliver the Kazakh oil, will be sent from the port of Aktau on March 27,” the message says.
It should be noted that back in December, the Minister of Energy of Kazakhstan announced the supply of Kazakh oil through Azerbaijan via the BTC pipeline starting from the beginning of 2023.
Caspian Barrel
