SOCAR starts transit of Kazakh oil from Tengiz via Baku-Tbilisi-Ceyhan oil pipeline
BAKU. March 24 (Interfax) - The State Oil Company of the Azerbaijan Republic (SOCAR) has started the transit of Kazakh oil through the Baku-Tbilisi-Ceyhan (BTC) oil pipeline, SOCAR Midstream Operations, a SOCAR subsidiary, said in a statement.
"The first consignment of oil produced at the Tengiz field for the BTC was delivered on March 23 from the port of Aktau to the Sangachal terminal in Baku by the tanker called "President Heydar Aliyev", SOCAR Midstream Operations said in a statement.
Kazakh oil is transited via the BTC as part of an agreement between SOCAR and Kazakh KazMunayGas, which envisages transiting 1.5 million tonnes of oil per year.