CPC resumed shipments at the marine terminal after suspension due to the storm
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The Caspian Pipeline Consortium (CPC) has resumed oil shipments at the marine terminal in Novorossiysk, the press service of the consortium reported. On November 27, CPC announced the suspension of shipments to tankers amid a storm in the Black Sea.
IN message CPC notes that during the inspection of floating hoses and remote mooring devices, damage was revealed to one of the hoses of the outer hose of remote mooring device No. 3 (WPU-3). An inflection was detected on it, caused by abnormal storm conditions.
“Currently, oil shipment at the sea terminal is carried out as usual through SPM-1 and SPM-2,” CPC reported. SPM-3 has been decommissioned, the consortium notes. “Replacement of damaged sections of floating hoses at VPU-3 will be carried out using available spare parts, taking into account favorable weather conditions,” the statement says.
The length of the CPC pipeline is 1,511 km. It connects oil fields in Kazakhstan and Russian fields on the Caspian shelf with a marine terminal in Novorossiysk. CPC is the main route for the export of Kazakh oil (80% of Kazakhstan’s oil exports). The pipeline’s capacity is 67 million tons of oil per year.
The suspension of shipments to tankers on November 27 occurred due to the filling of tank farms as a result of the storm. In this regard, oil was received from shippers in reduced volumes. Against the backdrop of the suspension of the sea terminal, Kazakhstan reduced production at its largest fields – Tengiz, Kashagan and Karachaganak.
Read more about how Kazakhstan redirects raw material flows through the Russian Federation due to storms in the Kommersant article. “Oil has lost its way”.
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