Kazakhstan Restarts CPC Oil Exports After Week-Long Black Sea Shutdown

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Kazakhstan Restarts CPC Oil Exports After Week-Long Black Sea Shutdown

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Kazakhstan has resumed crude oil exports via the Caspian Pipeline Consortium (CPC) after reopening its Black Sea marine terminal. The resumption follows a week-long shutdown due to drone attacks, allowing tankers to load crude from the Tengizchevroil project.

Kazakhstan resumed crude exports through the Caspian Pipeline Consortium (CPC) on Monday after the operator reopened its Black Sea marine terminal and resumed accepting crude from producers following a week-long suspension triggered by drone attacks, Kazakhstan’s Astana Times reported.  Two tankers were loading crude from the Chevron-led Tengizchevroil project at the Novorossiysk terminal, while producers resumed delivering oil into the CPC pipeline system, Kazakhstan’s Energy Ministry said. The ministry added that export operations…

World Markets Energy Shipping Kazakhstan oil exports Caspian Pipeline Consortium Black Sea terminal drone attacks Tengizchevroil energy market

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