Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Caspian Pipeline Consortium resumes oil exports from Black Sea terminal

    Caspian Pipeline Consortium resumes oil exports from Black Sea terminal

    April 15, 2023
    Share
    Facebook Twitter LinkedIn WhatsApp
    *Tengiz-Novorossiisk oil pipeline

    Moscow — The Caspian Pipeline Consortium (CPC) said on Friday it had resumed oil exports from the Black Sea terminal after a planned stoppage.

    CPC which handles 1% of global oil flows, stopped oil loadings through its single mooring points (SPM) on April 10.

    “On April 14, 2023 at 07:00 Moscow time (0400 GMT), the pumping units of the Tengiz-Novorossiisk main oil pipeline resumed pumping oil after a 72-hour planned shutdown,” CPC said.

    CPC shipped 58.7 million tonnes in 2022, including 52.2 million tonnes from Kazakhstan.

    The main CPC shareholders are Russian oil pipeline monopoly Transneft with 24%, Kazakhstan’s KazMunayGas (19%), Chevron Caspian Pipeline Consortium Company (15%), Lukarco B.V (12.5%), Mobil Caspian Pipeline Company (7.5%), CPC Company (7%) and Rosneft-Shell Caspian Ventures Limited (7.5%).

    (Reporting by Vladimir Soldatkin; editing by Mark Potter and Jason Neely) – Reuters

    Follow us on twitter

    Related News

    Oil prices rally as United States sanctions on Venezuela ease supply worries

    Oil prices climb to 2-month high on US-China trade deal, worries about Iran supply

    Nigeria partners Brazil to develop methanol complex 

    Nigeria says divestment paying off as oil output rises

    E-book
    Resilience Exhibition

    Latest News

    Oil prices climb to 2-month high on US-China trade deal, worries about Iran supply

    June 11, 2025

    Kenya central bank lowers 2026 growth forecast to 5.4%

    June 11, 2025

    Nigeria partners Brazil to develop methanol complex 

    June 11, 2025

    FG to train 100,000 youths annually in forex trading

    June 11, 2025

    China, Africa ask US to return to ‘right track’ on trade differences

    June 11, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.