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.
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