Turkey,Azerbaijan agrees to export Turkmen oil

The share of transit oil from Kazakhstan and Turkmenistan, transported through the BTC pipeline (Baku-(Azerbaijan)-Tbilisi (Georgia)-Ceyhan (Turkey), in January-February 2024 was 842.9 thousand tonnes, which is 17.3% of the total volume of pumping, reports the State Statistics Committee of Azerbaijan.


The length of the Azerbaijan-Georgia-Turkey oil pipeline with a capacity of 50mn tonnes is 1,768,000 km. Its shareholders are: BP; SOCAR; MOL; Equinor; TPAO; ENI; Itochu; ExxonMobil; INPEX, TotalEnergies and ONGC-Videsh.

Last year, the two Central Asian countries pumped 5.2mn tonnes of crude through BTC, up 2.7% from the previous year.

Experts told Daryo that the transport of Turkmen oil, delivered by tankers across the Caspian Sea, has intensified in 2021. 

International trader Vitol, a partner of Turkmenistan’s Napeco, has agreed with Azerbaijan’s state oil company SOCAR to transport 1.0mn tonnes a year from Turkmenistan.