Free Trial

CPC Repairs Could Delay Until Spring


CPC repairs may be take until next spring according to Kommersant

  • Loadings from two of three mooring points were halted after inspections showed damage at the attachment points of underwater sleeves to buoyancy tanks.
  • Necessary procedures for the selection of a contractor and the upcoming storm season may delay repair works at CPC terminal in Novorossiysk
  • In this case, supply of Kazakh oil to the world market through the CPC could fall by 15m tons according to Bloomberg
  • Kazakhstan oil and condensate production for August was expected at 7.1m tons compared to 7.62m tons in May before Kashagan and Tengiz field maintenance.

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.