CPC

CPC oil terminal shows signs of restart after nine months offline

An oil tanker has docked at a loading buoy at the Caspian Pipeline Consortium terminal that has been out of service for nearly nine months, suggesting the facility handling 80% of Kazakhstan's crude exports may be resuming operations.

Kazakhstan oil output fell 14% in July amid CPC drone attacks

Kazakhstan's crude oil and gas condensate production fell 14% in July compared with June as repeated drone attacks on tankers near the Caspian Pipeline Consortium terminal at Novorossiysk disrupted the country's primary export route, according to Reuters. Output dropped to…