Baku-Tbilisi-Ceyhan

Oil flow through Ceyhan reaches billions of barrels

A total of 3.5 billion barrels of crude oil had been shipped to the global markets as of the end of 2020 from the marine terminal in the Ceyhan district of Adana province in southern Turkey, the last stop of the Baku-Tbilisi-Ceyhan (BTC) …

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How political landscape changed after the second Karabakh war

The confluence of many factors changed the hitherto prevailing balance of power and produced a victory for Azerbaijan, overturning the 26-year old status-quo in the region. Over the years, Azerbaijan has invested in the armed forces massively. In the meantime, both Azerbaijan and Turkey have cultivated closer ties with Russia. The color revolution, which swept pro-European Union Nikol Pashinyan into power as prime minister in Armenia in 2018 helped distance Moscow from Yerevan. Unlike in the past, the United States was disengaged from the region, mainly because of its partial withdrawal from the international stage

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Ilham Aliyev celebrates his 57th birthday

Today is the 57th birthday of Azerbaijani President Ilham Aliyev, who has been leading and developing the largest economy of a key geopolitical player in the South Caucasus for 15 years. During these years, …

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BTC pipeline celebrates 3 billion barrels of oil export

The milestone was achieved on 14 July when the 3 billionth barrel of Caspian crude flowed through the Baku-Tbilisi-Ceyhan (BTC) pipeline, was loaded on the 3929th tanker and headed for world markets, according to BP. The first tanker …

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American ExxonMobil becomes shareholder of BTC oil pipe

American oil company ExxonMobil became a shareholder of BTC Co., which manages the Baku-Tbilisi-Ceyhan oil pipeline, reads BP's report on the results of activities in Azerbaijan in 2017, AzerNews reports. ExxonMobil acquired 2.5 …

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