Operating and capital expenditures on BTC rise sharply

Operating and capital expenditures on BTC rise sharply
# 29 April 2021 13:47 (UTC +04:00)

In the first quarter of 2021, BTC spent more than $41 million in operating expenditure and more than $6 million in capital expenditure, APA-Economics reports citing BP (project operator) report on operations in Azerbaijan for the first quarter of 2021.

Since the 1,768 km BTC pipeline became operational in June 2006 till the end of the first quarter of 2021, it carried a total of 3.62 billion barrels (about 482 million tonnes) of crude oil loaded on 4,729 tankers and sent to world markets.

In the first quarter, around 51 million barrels (more than 6.7 million tonnes) BTC-exported crude oil was lifted at Ceyhan loaded on 70 tankers.

The BTC pipeline currently carries mainly ACG crude oil and Shah Deniz condensate from Azerbaijan. In addition, other volumes of crude oil and condensate continue to be transported via BTC, including volumes from Turkmenistan, Russia and Kazakhstan.

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THE OPERATION IS BEING PERFORMED