(Adds detail)
MOSCOW, April 14 (Reuters) - 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)
@vsoldatkin;))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.