SOCAR starts transporting Kazakh oil on Baku-Tbilisi-Ceyhan pipeline
ECONOMICS 24 March 2023 - 17:50
The State Oil Company of the Republic of Azerbaijan (SOCAR) has started the transit of Kazakh oil through the Baku-Tbilisi-Ceyhan (BTC) pipeline.
SOCAR's subsidiary, SOCAR Midstream Operations LLC, told Caliber.Az that the first batch of Kazakh oil produced from the Tengiz field was delivered on March 23 on board the "President Heydar Aliyev" tanker from the port of Aktau to the Sangachal terminal.
Transportation of Kazakh oil via the BTC is carried out under an agreement between SOCAR and KazMunayGas, which provides for the transit of 1.5 million tons of oil per year.
Until the end of 2023, it is planned to carry out 12-14 tanker voyages per month across the Caspian Sea. The "Shusha tanker", which will deliver the next batch of Kazakh oil, will be sent from the port of Aktau on March 27.
Caliber.Az
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