Georgia urges to resume oil pumping via Baku-Supsa route

    ECONOMICS  13 March 2024 - 16:15

    Georgian Minister of Economy and Sustainable Development Levan Davitashvili has said that Georgia expects to resume oil transhipment along the Baku-Supsa route in 2024, Report informs.

    Regular fuel supplies through this pipeline were suspended in 2022.

    According to the minister, Georgia expects to reach a transit volume of 1 million tonnes per year.

    "The position of the Azerbaijani side is very important on the use of the oil pipeline, and here we have an intensive dialogue, as this pipeline has been working for Azerbaijan's oil since the spring of 1999. Now we are discussing the transit of Kazakhstan's oil through it, and this oil is of a different type. I think we will have certainty in the main issues and we hope that this year we will start pumping this (Kazakhstan) oil. In the future, we think we will be able to handle more than one million tonnes of oil per year. I hope that oil transportation will begin this year," said Davitashvili.

    The Azerbaijani Energy Ministry also confirmed that the resumption of oil pumping along the Baku-Supsa route may start this year.

    This oil pipeline can transit fuel up to 5 million tonnes per year.

    Since 1999, Azerbaijan has used the Baku-Supsa oil pipeline to transship fuel from the Chirag field. In spring 2022, it was decided to suspend fuel supplies via this route due to transport problems. All Azerbaijani oil is now exported via the Baku-Tbilisi-Ceyhan (BTC) pipeline.

    Last year Azerbaijan offered Kazakhstan to transport 5 million tonnes of Kazakh oil a year through the Baku-Supsa pipeline. If an agreement was reached, it was expected that this would be oil from the Kashagan field. In 2023, deliveries of Kazakh oil via the BTC route increased 5.5 times to 1 million 392,000 tonnes.

    Baku-Supsa is a pipeline to transport Caspian oil from the Sangachal terminal near Baku on the Caspian Sea to the Georgian port of Supsa, located on the Black Sea coast.

    Caliber.Az

    Subscribe to our Telegram channel


Read also

Azerbaijan, Albania foster trade ties through business meeting in Baku

14 June 2024 - 20:59

Oil, natural gas, renewables represent major segments of Azerbaijani energy policy Article by The Diplomatic Courier

14 June 2024 - 13:06

Top 10 trading partners in Azerbaijan's foreign trade for early 2024 Key indicators and trends

14 June 2024 - 12:42

SOCAR, Baker Hughes sign cooperation agreement PHOTO

14 June 2024 - 10:30

EU proposes Azerbaijani gas transit to Europe via Ukraine

13 June 2024 - 20:45

Kuwait’s residents view Azerbaijan’s tourism potential at Tourism and Travel Exhibition

13 June 2024 - 21:01
ADVERTS
Video
Latest news

    Europe’s gas supply risks remain despite record storage levels

    15 June 2024 - 07:03

    Mystery as Russia abruptly flips nuclear drill scenario

    15 June 2024 - 05:04

    Is Macron’s gamble France’s Brexit moment?

    15 June 2024 - 03:05

    Trump's Boeing 757 isn't perfect private jet, but it's perfect for him

    15 June 2024 - 01:03

    This is largest hydrogen engine in history

    It will take years to build, and this is what it will be for

    14 June 2024 - 23:04

    Azerbaijan, Albania foster trade ties through business meeting in Baku

    14 June 2024 - 20:59

    Astana hosts preparatory meeting for COP29 in Baku

    14 June 2024 - 20:42

    Azerbaijan’s Defence Minister extends Eid al-Adha greetings to armed forces

    14 June 2024 - 20:37

    Azerbaijani exclave military lyceum celebrates 2024 cadet graduation with solemn ceremony

    14 June 2024 - 20:29

    Armenian forces fire on Azerbaijani positions in Nakhchivan

    14 June 2024 - 20:19

    Iran reaffirms commitment to NPT amid Western pressure - Supreme Leader's adviser

    14 June 2024 - 20:14

    Türkiye’s ASELSAN signs contracts with clients in Asia, Middle East

    PHOTO/VIDEO

    14 June 2024 - 19:55

    Azeri girl makes history as first Azerbaijani woman to graduate from MIT with full support

    14 June 2024 - 19:39

    Russia says detained US reporter Gershkovich will stand trial over "CIA work"

    14 June 2024 - 19:26

    Luxembourg, Azerbaijan hold consular consultations

    14 June 2024 - 19:14

    The complexities of regional integration in Middle East

    Tensions and opportunities

    14 June 2024 - 19:07

    Turkish intelligence officers uncover Mossad cell in Europe

    PHOTO

    14 June 2024 - 19:02

    Azerbaijan, Bangladesh bolster diplomatic ties, discuss regional co-op

    PHOTO

    14 June 2024 - 18:50

    Top military brass oversees tactical & special drills with Azerbaijani army's engineering units

    14 June 2024 - 18:38

    Germany to transfer new aid package to Ukraine

    HIMARS, IRIS-T air defence systems

    14 June 2024 - 18:26

    Baku welcomes Belgrade for talks on defence and regional security

    PHOTO/VIDEO

    14 June 2024 - 18:14

    EU, Azerbaijan discuss partnership within COP29

    14 June 2024 - 18:02

    Central Asia's rare-earth reserves & global geopolitics

    The new great game

    14 June 2024 - 17:50

    Israeli defence minister slams French president over Hezbollah comments

    14 June 2024 - 17:38

    Russian defence ministry establishes Volunteer Corps

    Report by UK’s Defence Intelligence

    14 June 2024 - 17:26

    Azerbaijan, Serbia strengthen defence cooperation with high-level talks

    PHOTO

    14 June 2024 - 17:14

    Putin outlines conditions for peace with Ukraine

    14 June 2024 - 17:02

    Greek premier reshuffles Cabinet over party’s dismal EU polls performance

    14 June 2024 - 16:50

    Hamas admits they don’t know how many hostages are still alive

    14 June 2024 - 16:38

    Azerbaijan gears up for digital transformation on the horizon

    World Economic Forum appreciates Baku's efforts in IT sector

    14 June 2024 - 16:26

    Armenia issues protest note to Belarus amid diplomatic tensions

    14 June 2024 - 16:14

    Last bell rings after 32 years in schools of Azerbaijan’s Fuzuli

    PHOTO

    14 June 2024 - 16:14

    Bruised Macron puts on brave face at G7

    14 June 2024 - 16:02

    Azerbaijan approves customs protocol with Kyrgyzstan

    14 June 2024 - 15:50

    Tajik MP suspected of plotting coup d'état

    14 June 2024 - 15:38

    Turkish naval mission to Japan: A historical & strategic outreach

    Marking century of diplomacy & Ertuğrul tragedy

    14 June 2024 - 15:26

    Finland suspects four Russian military planes violated its airspace

    14 June 2024 - 15:14

    Euro 2024 kickoff: Germany to face Scotland in opening match

    14 June 2024 - 15:02

    G-7 pledge to step up action on Russia oil fleet, energy, metals

    14 June 2024 - 14:48

    US Israel’s key intelligence partner in search for hostages

    14 June 2024 - 14:33

All news