March 17, 2025 15:17 GMT
OIL: CPC Tengiz-Novorossiisk Pipeline Shipped 13.5m Tonnes So Far in 2025
OIL
The CPC Tengiz-Novorossiisk pipeline system has transported 13.5m metric tonnes of crude oil from Jan. 1 to March 11 with 118 tankers loaded at the CPC Marine Terminal, the operator said on March 17.
- The flow is equivalent to 1.5mb/d, based on a 7.9 barrel to ton conversion, and compares to a total of 63m tons, or 1.36mb/d in 2024.
- It appears workarounds were found to bypass the pumping station in southern Russia hit by a drone strike in February 17. Repairs works to the Kropotkinskaya NPS are ongoing.
- The majority of Kazakstan oil exports are via the CPC pipeline crossing Russia to the Black Sea port of Novorossiisk.
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