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CPC Maintenance Held 21-24 August

OIL

The CPC oil pipeline held scheduled maintenance at the section linking to Kazakhstan’s Tengiz field August 21-24.

  • During the period, Kazakh oil producer Tengizchevroil lowered crude supplies from Tengiz to the CPC pipeline system and held its own maintenance.
  • Loadings of Caspian CPC Blend are expected to rise to about 1.28mn bpd in September according to Bloomberg reports – up from 1.15mn bpd for August.

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