The Baku-Tbilisi-Ceyhan oil pipeline is expected to pump 19 million barrels of crude oil in February, 3.6 million barrels less than the January program, a crude oil trader said Monday.
February loadings will amount to 678,571 barrels of oil a day, compared with 729,032 barrels a day in January, the trader told Dow Jones Newswires.
The February program includes six cargoes of 1 million barrels, 11 cargoes of 800,000 barrels, and seven cargoes of 600,000 barrels, the trader said.
BP PLC (BP) is a 30% stakeholder in the BTC pipeline, which carries Azeri crude from Baku in Azerbaijan to Turkey's Mediterranean port of Ceyhan.