
Investing.com -- Azerbaijan shipped 10.6 million metric tons of oil through the Baku-Tbilisi-Ceyhan pipeline in the first five months of 2026, down 8.6% from the same period last year, according to official data from the country’s statistics committee.
The BTC pipeline, which runs through Georgia to Turkey, transports oil from the Azeri, Chirag and Guneshli oilfields operated by BP (LON:BP).
Azerbaijan’s total oil transit reached 13.8 million tons during January through May 2026, with the BTC pipeline accounting for 76.8% of the volume.
Transit oil volumes from Kazakhstan and Turkmenistan shipped through the BTC pipeline declined to 1.856 million metric tons in the five-month period from 1.934 million tons in the same period of 2025.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
ProPicks AI evaluates BP alongside thousands of other companies every month using 100+ financial metrics. Using powerful AI to generate exciting stock ideas, it looks beyond popularity to assess fundamentals, momentum, and valuation. The AI has no bias—it simply identifies which stocks offer the best risk-reward based on current data with notable past winners that include Super Micro Computer (+185%) and AppLovin (+157%). Want to know if BP is currently featured in any ProPicks AI strategies, or if there are better opportunities in the same space?