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CPC To Ship 61-66mn Tons Of Oil In 2023

OIL

Caspian Pipeline Consortium expects to transport 60m-61m tons of oil this year according to Interfax citing the company.

  • This was down from previous estimates of 66mn tons.
  • The pipeline shipped 58.7mn tons in 2022, including 52.2mn tons of Kazakh oil, the operator said earlier this year.
  • CPC plans to complete the replacement of floating hoses at a mooring by the end of this month. The mooring was halted on 29 May.

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