Export routes under consideration for Azerbaijani Oil are Baku-Supsa
and Baku-Ceyhan. Baku-Supsa is already under
construction for early oil and is likely to be the main route for late
oil as well, but tankers must still exit the Black Sea through the Bosporus,
perhaps neccessitatiy a bypass route. Baku-Ceyhan
does not have to exit via the Bosporus, but is cost-prohitibitive and extremely
unlikely.
Also both routes face significant political and ethnic threats, particularly
the nagorno-karabakh seperatist conflict, which could
disrupt any pipeline through the region and political instablity in Georgia.
Almost every major player in the region -- Russia,
Iran,
Turkey,
and the
US -- has a strong interest in the region
and the eventual export route will have to fall within the limiting criteria
of all these major players.
|
(kb/d) |
Port |
Rotterdam |
|
Baku-Novorossiysk, LR-2 | 800 | $1.35 | $1.23 | $2.58 |
Baku-Supsa, LR-2 | 900 | $0.68 | $1.23 | $1.91 |
Baku-Supsa, LR-2 | 1500 | $0.50 | $1.23 | $1.73 |
Baku-Ceyhan, VLCC | 800 | $2.44 | $0.76 | $3.20 |
Individual Route Pages:
Baku-Supsa
Baku-Ceyhan
Bosporus Bypass