April 18, 2018 / 3:16 PM / a month ago

Azerbaijan's Q1 oil exports via Turkey pipeline fall 5.3 pct yr/yr

BAKU, April 18 (Reuters) - Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey fell by 5.3 percent to 8.258 million tonnes in the first quarter of this year compared with the same period in 2017, state energy company SOCAR said on Wednesday.

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

Export volumes through the BTC declined to 27.5 million tonnes in 2017 from 28.8 million tonnes in 2016.

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

Oil from Kazakhstan, Turkmenistan and Russia is also exported through the BTC pipeline.

Azerbaijan’s oil exports through all pipelines totalled 10.124 million tonnes in January-March this year. (Reporting by Nailia Bagirova; Writing by Margarita Antidze; Editing by Adrian Croft)

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