SOCAR Trading Director for Commercial Affairs Taghi Taghizade has stated that the Baku–Tbilisi–Ceyhan (BTC) oil pipeline remains a safer and more valuable export route for the region.
At the second Forum on Oil Logistics and Trade in the Caspian and Central Asian Regions in Baku, he said the pipeline’s advantages are driven by several key factors, Caliber.Az reports, citing local media.
Taghizade noted that parameters such as straits, crude oil quality, transport timeframes, transportation costs, pricing, and insurance costs made BTC a safer and more valuable export route for the region.
He added that, according to estimates from Kazakh partners, transport costs average around $90.
“This is due to the stages of transportation across the Caspian Sea, internal logistics, and subsequent delivery to the port of Ceyhan. Despite these challenges, BTC remains more attractive for Kazakhstan compared to existing alternatives,” he emphasised.
Taghizade also stressed that a key priority at this stage is increasing transportation volumes.
By Bakhtiyar Abbasov
