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BTC transported 540 mln tons of oil since commissioning

04 May 2023 14:14 (UTC +04:00)

During the first quarter of this year, about USD 34 million were spent on operational expenses for the Baku-Tbilisi Ceyhan (BTC) pipeline and USD 10 million was spent on capital expenses, APA-Economics reports.

From the commissioning of the 1768 km long BTC pipeline in June 2006 to the end of the first quarter of 2023, a total of more than 539 million tons (4 billion barrels) of crude oil was transported through this pipeline and was loaded onto 5314 tankers in Ceyhan and sent to the world markets. BTC's achievement of a total of 4 billion barrels of oil exports was celebrated on January 18, 2023 as a significant achievement.

"During the first quarter of this year, approximately 7 million tons (about 53 million barrels) of crude oil and condensate exported through BTC were loaded onto 70 tankers at the Ceyhan terminal and set off," noted the report.