• ABOUT US
    • History
    • Our Team
    • Advertising
    • Subscription
  • CONTACT US
Georgia Today
No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
No Result
View All Result
Georgia Today
No Result
View All Result

SOCAR takes over BTC operatorship from BP

by Lana Kokaia
July 2, 2026
in Business & Economy, Highlights, News
Reading Time: 2 mins read
BTC oil transit falls 9.4% in January-May

Pipeline. Source: Report.az

SOCAR has taken over operatorship of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline from BP, effective 1 July 2026, Azerbaijani news agency APA reports. The change is being implemented through SOCAR Midstream Operations (SMO), a subsidiary of SOCAR, and covers all three sections of the BTC pipeline in Azerbaijan, Georgia and Türkiye.

The transfer also includes management of joint BTC and South Caucasus Pipeline (SCP) operations previously handled by BP.

The Sangachal terminal remains under BP operatorship, while all other BTC-related operational responsibilities have been handed over to SOCAR. The pipeline’s shareholding structure remains unchanged.

The companies said the transition is in line with existing project agreements and followed a final readiness decision by BTC Co., aimed at ensuring a safe and orderly handover of operations.

“Today’s announcement marks an important milestone for the BTC project,” said Gio Cristofoli, BP’s regional president for the Caspian, Central Asia and Türkiye. “We are confident that SOCAR will uphold the same high standards of safety, reliability and operational excellence.”

SOCAR President Rovshan Najaf said the takeover reflects the company’s growing experience in managing major energy infrastructure and reaffirmed BTC’s role as a key regional and global energy corridor.

BP will remain a shareholder in BTC and SCP and continues to operate major upstream projects in the Caspian, including Azeri-Chirag-Gunashli and Shah Deniz.

Earlier, under related agreements, Western Route Export Pipeline (WREP) facilities in Azerbaijan and Georgia were transferred in June 2026 to entities acting on behalf of the governments of Azerbaijan and Georgia.

The 1,768-kilometer BTC pipeline, which has a capacity of around 1 million barrels per day, has transported more than 4.7 billion barrels of crude oil since it began operations in 2006.

Tags: BPBP to hand BTC operatorship to SOCARBTC oil transitSOCAR
ShareShareTweet

Related Posts

Online shopping drives complaint spike, GCCA reports 112% rise
Highlights

Online shopping drives complaint spike, GCCA reports 112% rise

July 2, 2026
Art-Gene festival 2026 to bring Sukhishvili, Nino Katamadze and 33A to summer lineup
Culture

Art-Gene festival 2026 to bring Sukhishvili, Nino Katamadze and 33A to summer lineup

July 2, 2026
Polish Embassy in Tbilisi holds Zugdidi talks on disinformation and EU path
News

Polish Embassy in Tbilisi holds Zugdidi talks on disinformation and EU path

July 1, 2026

Recommended

Putin, Xi, and allied leaders mark Russia’s Victory Day at Moscow parade

Putin, Xi, and allied leaders mark Russia’s Victory Day at Moscow parade

1 year ago
Experience Seamless Connectivity with Silknet eSIM in Georgia

Experience Seamless Connectivity with Silknet eSIM in Georgia

2 years ago
Champion Karateka Luka Khvedeliani on the Benefits of Georgian Karate for Georgia’s Youth

Georgia to Celebrate First Europe Day with European Union Candidate Status

2 years ago
Georgian Foreign Minister Holds Farewell Meeting with French Ambassador to Georgia

Georgian Foreign Minister Holds Farewell Meeting with French Ambassador to Georgia

4 years ago
Natia Mezvrishvili on Dealing with 2 Political Giants

Natia Mezvrishvili on Dealing with 2 Political Giants

4 years ago
Giorgi Gakharia: We were Told We Were Capable of Nothing – It’s All a Lie and Ukraine is a Great Example of This

Giorgi Gakharia: We were Told We Were Capable of Nothing – It’s All a Lie and Ukraine is a Great Example of This

4 years ago
GT Interview with Giorgi Badridze

GT Interview with Giorgi Badridze

4 years ago
Russo-Ukrainian War and Georgia – Analysis from security expert Kakha Kemoklidze

Russo-Ukrainian War and Georgia – Analysis from security expert Kakha Kemoklidze

4 years ago

Navigation

  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

Highlights

Turkey, Azerbaijan seek UNESCO recognition for shared baklava heritage

Georgia postpones plastic bottle ban in food service sector to 2031

Three arrested over trafficking of minors in Batumi

Mdinaradze: Georgia to acquire anti-UAV system

Ruling party says another suspect detained in Giga Avaliani murder case

‘Sapari’ seeks to join investigation into Azerbaijani woman’s murder in Georgia

Trending

Experience Seamless Connectivity with Silknet eSIM in Georgia
Business & Economy

Experience Seamless Connectivity with Silknet eSIM in Georgia

by Georgia Today
June 26, 2024

Why Silknet's eSIM could be your top choice in Georgia  Since its introduction, eSIM technology has become...

Photo by the author

Virtuosity and Versatility: Marc-André Hamelin Opens Tbilisi Piano Festival 2024

May 30, 2024
  • Where.ge
  • Newspaper
  • GEO
  • Magazine
  • Old Website

2000-2026 © Georgia Today

No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

2000-2026 © Georgia Today