Eastern Partnership Transport Panel

Blog » 2016 - Azerbaijan, Development of the Transport Sector (prof. R. Ibrahimov).pdf

2016 - Azerbaijan, Development of the Transport Sector (prof. R. Ibrahimov).pdf

Created Sep 07 2017, 10:51 AM by Leszek Tymoteusz Zemke
  • Azerbaijan - reports

The existing network of transportation infrastructure allows Azerbaijan to transport not only its own energy resources, but also oil from Central Asia, thus becoming a transit state. Thus via Baku-Tbilisi-Ceyhan pipeline, Kazakh and Turkmen oil is transported. In 2015 alone, the total volume of Turkmen and Kazakh oil via BTC was 5.2 million tons. In addition, a subsidiary of the State Oil Company of Azerbaijan (SOCAR) - SOCAR Trading SA Company signed a new agreement on the purchase of Turkmen oil. According to the agreement, up to 3 million tons of Turkmen oil will be transported via the BTC over the next 5 years.3 It is expected that Kazakh oil exports will also increase.

 

 

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