A contract was signed on transportation of Turkmen oil via Baku-Tbilisi-Ceyhan (BTC) pipeline in 2018, Adnan Ahmadzade, Head of Marketing and Economic Operations Department at SOCAR, said.
According to him, the volume of oil to be transported will make 3-4 million tonnes, whihc is equal to 100% of Turkmenistan’s oil export: “Previous contract covered two-year period”.
The contract was signed by SOCAR Trading.
As for Kazakh oil, no contract has been signed yet, but negotiations are underway.