About the Project
The Baku–Tbilisi–Ceyhan Main Export Pipeline is a major international energy infrastructure project transporting crude oil from Azerbaijan’s Caspian Sea fields to global markets via Georgia and Türkiye. The pipeline is a cornerstone of Azerbaijan’s export strategy and plays a critical role in ensuring secure and diversified access to international markets.
Total pipeline length: 1,767 km, Azerbaijan: 443 km
Georgia: 248 km
Türkiye: 1,076 km
Design capacity: up to 1 million barrels per day
Design life: approximately 40 years
SOFAZ Participation
The Government of Azerbaijan acquired approximately 80 percent of AzBTC Co., with financing provided by SOFAZ as a budget expenditure. Dividends attributable to the State’s share are accumulated by SOFAZ. SOCAR participates in the project through AzBTC Co., holding a 25 percent stake in the BTC consortium
State ownership in AzBTC Co.: approximately 80%, financed by SOFAZ
SOFAZ financing (2002–2007): AZN 298 million
Azerbaijan section commissioned: May 2005
Full pipeline operation commenced: July 2006 (Ceyhan, Türkiye)