Ceyhan Emerges as Global Energy Hub Amid Hormuz Disruptions
Türkiye's Ceyhan district is emerging as a potential center for oil and petroleum products trade, amid increasing risks of disruptions to supplies through the Strait of Hormuz.
The Mediterranean port has infrastructure and capacity to handle increased oil flows, with its pipeline network, expandable port, and storage infrastructure making it an attractive alternative route.
Energy and Natural Resources Minister Alparslan Bayraktar has stated that Türkiye aims to turn Ceyhan into a 'Rotterdam' - a hub for oil and petroleum products storage, trading, and pricing.
The Baku-Tbilisi-Ceyhan (BTC) pipeline transports an average of around 600,000 barrels of oil per day to the Ceyhan Marine Terminal, while the Iraq-Türkiye Crude Oil Pipeline has a capacity of 1.5 million barrels per day.