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CPC Accepting Kazakh Oil as Normal After Power Cut

OIL

Kazakhstan’s oil output was hit by a power cut Monday dropping output to 219,000 tons from 252,600 the day prior.

  • Oil refining dropped to 28,900 tons from 37,300 tons after the power cut shutdown Atyrau refinery.
  • Interfax reported power being restored to the refinery and the Caspian Pipeline Consortium later in the day Monday.
  • CPC is understood to have used backup power supply according to Interfax reports but is accepting oil from suppliers in Kazakhstan as usual.

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