Kazakhstan crude oil is being exported in a regular mode through the pipeline system of the Caspian Pipeline Consortium (CPC).
The Ministry of Energy of Kazakhstan announced on the 7th that CPC had previously informed that the Primosk District Court of Novorossiysk, Russia’s Black Sea port city, made a ruling on July 5, 2022, deciding to implement a period of implementation of CPC’s oil pipeline activities. 30-day suspension.
At present, CPC has appealed to the court, pointing out that the immediate stoppage of operation of will cause irreversible damage. Considering the continuity of the production process, applied not to implement the judge's relevant ruling.
According to information released by the CPC, the consortium is actively cooperating with relevant state agencies and departments of the Russian Federation to eliminate the document irregularities that led to its ruling to suspend oil delivery work.
The Ministry of Energy of Kazakhstan stated that as of now, Kazakhstan’s crude oil is still exporting through CPC’s pipeline system in accordance with the normal mode, and crude oil exports have not been interrupted.
Caspian Pipeline Consortium (CPC) oil pipeline, data map
Caspian Sea Pipeline Consortium (CPC) is a transnational oil transportation project, jointly invested and operated by Russian State Oil Pipeline Transportation Company , the Kazakhstan government and some foreign oil consortiums.
It mainly operates an oil pipeline with a total length of more than 1,500 kilometers, connecting Novorossiysk with the oil fields in western Kazakhstan and the oil fields on the Caspian Sea coast of Russia. It can be called the "lifeblood" of Kazakhstan's external crude oil exports. The total transportation volume of the pipeline exceeds 1 million barrels per day, accounting for approximately 2.3% of global seaborne crude oil trade.
Novorossiysk port is located on the Black Sea coast of Russia and is the western terminus of the Caspian Sea Pipeline Alliance oil pipeline. (Baidu Map)
Russia Today said that the pipeline now transports about 1.2 million barrels of crude oil from Kazakhstan to Europe every day, part of which will continue to be shipped to the United States. In March this year, the pipeline was temporarily interrupted due to storm damage to Black Sea terminal equipment.
It is worth noting that Russia also suspended oil transportation equipment at the Port of Novorossiysk about half a month ago.
According to the Russian "Kommersant" report on June 18, in order to clear World War II unexploded ordnance in the port of Novorossiysk on the Russian Black Sea coast, Russia will partially close the operation of the port's oil transportation equipment from the 20th for at least a period of time. to the end of this month. Kazakhstan, which relies heavily on the port for oil exports, responded at the time that Russia's move would not have a "substantial impact" on its oil exports.
According to Kazakhstan Satellite Network's report on the 20th, these unexploded ordnances are about 50 mines left over from World War II. There are three oil terminals in the Port of Novorossiysk. Piers 1 and 2 will be temporarily closed during the cleanup period. CCTV News stated on the 29th that Pier 1 of Novorossiysk Port will resume on July 5, and Pier 2 will resume on July 1.
Since Kazakh President Tokayev recently refused to recognize the independence of the Lugansk and Donetsk regions, the American maritime media "Maritime-executive" speculated on the 19th that Russia would cut off energy as a means of retaliation. , this move does not rule out political considerations.
Source: Kazakhstan News Agency, Observer.com
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