BP’s Sangachal Terminal Exports 5% Less Azeri Oil in First Half

BP Plc (BP/)’s Sangachal terminal south of Azerbaijan’s capital, Baku, exported less oil exports in the first half of the year.

The terminal shipped 147 million barrels of oil in January through June, down 4.9 percent , from a year earlier, the London-based energy producer said by e-mail today.

Of the total, 130 million barrels were delivered to world markets via the Baku-Tbilisi-Ceyhan pipeline, or BTC, and 13 million barrels through the Western Route Export Pipeline, also known as the Baku-Supsa link. Both pipelines are operated by BP. The remaining 3 million barrels were exported by rail, BP said.

The Sangachal terminal has a capacity of 1.2 million metric tons of oil and 25.5 million cubic meters of natural gas a day, according to BP.

To contact the reporter on this story: Zulfugar Agayev in Baku at zagayev@bloomberg.net

To contact the editor responsible for this story: Hellmuth Tromm at htromm@bloomberg.net

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