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Azerbaijan's Jan-May oil exports via BTC pipeline fall 6.6% y/y

BAKU, June 12 (Reuters) - Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey fell by 6.6% year on year in January-May 2020 to 12.529 million tonnes, the State Statistics Committee said on Friday.

The BTC pipeline is used to export oil from the Azeri, Chirag and Guneshli (ACG) oilfields operated by BP.

Azerbaijan’s total oil exports in January-May totalled 15.646 million tonnes, about 80% of which flowed through the BTC.

The volume of transit oil - crude originating in Kazakhstan - through BTC fell to 1.79 million tonnes in the first five months, from 1.98 million tonnes a year earlier.

Azerbaijan also exports oil via Russia through the Baku-Novorossiisk pipeline and via Georgia by rail and through the Baku-Supsa pipeline.

Turkmenistan also historically exported some crude via the BTC, but diverted its flows to a Russian port in 2019.

Azerbaijan’s oil exports through BTC fell 8% in 2019 to 31.135 million tonnes. (Reporting by Nailia Bagirova; writing by Margarita Antidze; editing by David Evans)

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