BTC Daily June Azeri Crude Exports to Drop 4.1%, Plan Shows

Daily exports of Azeri Light crude from a port in Turkey will decline by 4.1 percent in June from this month, according to a loading program obtained by Bloomberg News.

Shipments will total 21.15 million barrels, or 705,000 barrels a day, compared with 735,484 barrels a day in May, the schedule showed.

The 1,768-kilometer (1,100-mile) Baku-Tbilisi-Ceyhan pipeline carries Azeri Light crude from Baku, in the Azeri section of the Caspian Sea, through Georgia to the port of Ceyhan, on Turkey’s Mediterranean coast. BP Plc (BP/) holds a 30 percent stake in the pipeline.

Loading programs are monthly schedules of crude shipments compiled by field operators to allow buyers and sellers to plan their supply and trading activities.

To contact the reporter on this story: Sherry Su in London at lsu23@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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