Türkiye Cuts Russian Oil Purchases, Boosts Imports of Kazakhstan’s CPC Blend

Purchases of Kazakhstan’s CPC Blend have climbed to their highest level since early last year, Orda.kz reports.

Türkiye has sharply reduced imports of Russian Urals crude and increased purchases from Kazakhstan and Iraq.

According to Reuters, Urals shipments to Türkiye fell by one-third in November — to around 200,000 barrels per day — amid expanded U.S. sanctions targeting Russian oil and gas companies, including Rosneft and Lukoil. 

Turkish refineries have begun diversifying, turning to grades not covered by restrictions.

CPC Blend is similar in characteristics to Urals, but is not subject to Western restrictions, as it is produced by Kazakhstani companies, despite being shipped from the Russian port of Yuzhnaya Ozereika,
 the agency noted.

Imports of Kazakhstan’s CPC Blend reached 105,000 barrels per day in November — the highest since February 2024.

Türkiye also increased purchases of KEBCO crude and Iraq’s Basrah grade.

Earlier, we reported that China has also reduced purchases of Russian oil.

According to Reuters, major Chinese state-owned companies have temporarily halted acquisitions of Russian crude due to U.S. sanctions — a development analysts say could create new opportunities for Kazakhstani suppliers.

Original Author: Ruslan Loginov