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Black Sea CPC blend oil exports will rise by 33% in November, according to sources.

Posted to Maritime Reporter on October 25, 2024

Black Sea CPC blend oil exports via Caspian Pipeline Consortium's (CPC) system will increase in November, after maintenance at Kazakhstan's Kashagan oilfield is completed.

Two sources said that exports will increase to 1.42 million barrels a day (bpd), or around 5.4 million tons, from the 1.07 million bpd of October's plan.

Calculations showed that CPC Blend oil will increase by 33% on a daily base next month.

Kazakhstan's Energy Ministry said that planned maintenance on the Kashagan Oil Field began on October 7 and would continue for a month.

Kashagan, and Tengiz oil fields are Kazakhstan's main oilfields. They supply the majority of crude oil for the CPC pipeline. (Reporting By)

(source: Reuters)

Tags: Transportation Marine Services Port Services Asia Europe North Asia

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