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CPC Pipeline Flows set To Drop

OIL

CPC comments on slashed flows due to repairs at the Tengiz field and suspension of production at the Kashagan field:

  • "Due to repairs at the Tengiz field in Kazakhstan, oil intake from the field has been reduced at the head section of the CPC pipeline system (Tengiz oil pumping station). Oil intake into the CPC pipeline system has also been reduced due to the suspension of oil production at the Kashagan field. These factors have led to a significant reduction of total oil transmission through the Tengiz-Novorossiysk pipeline system,” CPC said earlier in a press release.

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