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OIL: CPC Pipeline Exports Appear Stable Despite Drone Attack

OIL
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CPC pipeline exports appear stable so far despite drone attack.

  • Operations at the Kropotkinskaya oil pumping station were halted following a drone attack on Monday night.
  • "There are no CPC restrictions on Kazakh oil, it is being accepted as usual," the Kazakh Energy Ministry said yesterday.
  • Oil is being transported through the pipeline in lower amounts, bypassing the oil pumping station, according to the Kazakh Energy Ministry.
  • Meanwhile, the CPC Black Sea loadings schedule for February remains unchanged, according to Reuters.
  • Chevron told Energy Intel yesterday that its Kazakh join venture continues to produce oil and export it via the CPC pipeline “uninterrupted.” 
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CPC pipeline exports appear stable so far despite drone attack.

  • Operations at the Kropotkinskaya oil pumping station were halted following a drone attack on Monday night.
  • "There are no CPC restrictions on Kazakh oil, it is being accepted as usual," the Kazakh Energy Ministry said yesterday.
  • Oil is being transported through the pipeline in lower amounts, bypassing the oil pumping station, according to the Kazakh Energy Ministry.
  • Meanwhile, the CPC Black Sea loadings schedule for February remains unchanged, according to Reuters.
  • Chevron told Energy Intel yesterday that its Kazakh join venture continues to produce oil and export it via the CPC pipeline “uninterrupted.”