Kazakhstan's Oil Shipments via CPC to Decrease 6% in April
Photo: Elements.envato.com, ill. purposes
Oil exports through the Caspian Pipeline Consortium (CPC) will decrease by about 6% in April compared to March, Orda.kz reports, citing Reuters' Moscow bureau.
According to the otulet's sources, CPC plans to ship 1.6 million barrels per day (approximately 6.2 million tons) this month, down from 1.7 million barrels per day in March.
A court in Russia had ruled against halting the operation of two launch mooring units (VPU), which were the subject of claims following a Rostransnadzor inspection.
However, as recently as April 7, only one VPU was operating at the CPC marine terminal in Novorossiysk.
Despite this, CPC’s April plan for exporting Kazakhstan's oil remains largely unchanged at 5.8 million tons. Reuters notes that no adjustments were made to account for the limited VPU availability.
Russian oil shipments, meanwhile, are expected to decline due to drone attacks on oil infrastructure in February and March.
Although the Novorossiysk court overturned the suspension of VPU-1 and VPU-2, the timeline for their full reactivation has yet to be announced.
Original Author: Nikita Drobny
Latest news
- From Driverless Trucks to Car Leasing: What Kazakhstan’s Government Discussed Today
- Kazakhstani Gets 3 Years for Fake Army Abuse Story
- Almaty Man Beaten After Being Mistaken for a Drug Courier
- PIN Code Parcel Pickup and Hybrid Mail: Kazakhstan Changes Postal Rules
- Kazakhstan Schools to Bring In Officers for New Constitution Classes
- Kazakhstanis Rescue Two Pelicans Exhausted by Extreme Heat
- 719 Million Tenge Tobol River Sand Mining Case Goes to Court
- Which Kazakh Product Is Finding New Buyers Abroad?
- Kazakhstan Seeks UNESCO Status for Mangystau Rock Mosques
- Fire Breaks Out in Almaty Region Mountains
- 19 Forest Fires Reported Across Kazakhstan’s Protected Areas
- Patient Fined for Threatening Kostanay Medical Worker
- Six Die from Gas Poisoning During Sewer Repairs in Pavlodar Region
- Kazakhstan Considers FIA Grade 1 Racetrack in Atyrau
- Drone Attacks Continue at CPC Terminal: Another Oil Tanker Hit
- Pension Savings Will No Longer Receive Inflation Compensation
- Kazakhstan to Expand Three Refineries and Build a New One
- Kazakhstan Resident Wins Court Battle Over Jennifer Lopez Ticket
- Kazakhstan Extinguishes Four Forest Fires as Heat Continues
- Kazakhstan Demands Action After Drone Attacks on Tankers Carrying Its Oil
