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Caspian Pipeline Consortium increases oil shipment

Oil&Gas Materials 3 July 2018 14:02 (UTC +04:00)
The Caspian Pipeline Consortium (CPC) for June increased oil shipment to 5.015 million tons (39.682 million barrels), which is 328,752 tons more than in the same period last year

Baku, Azerbaijan, July 3

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The Caspian Pipeline Consortium (CPC) for June increased oil shipment to 5.015 million tons (39.682 million barrels), which is 328,752 tons more than in the same period last year, the company said in a message.

“Some 2.098 million tons of the total volume accounted for the oil from the Tengiz field, 877,100 tons accounted for the oil from the Karachaganak field, 1.164 million tons accounted for the oil from the Kashagan field and 875,052 tons accounted for the oil from other producers,” the company said. “Russian shippers exported 669,245 tons of oil along the CPC-R oil pipeline system in June.”

In total, from the beginning of the year to July 2, 2018 inclusive, 278 tankers were shipped at the CPC Sea Terminal, and 46 tankers of them were shipped in June.

In March 2018, the CPC Sea Terminal set a new record for monthly oil shipment.

The volume of oil transshipment amounted to 5,506,294 tons (43,609,021 barrels), which is almost 6 percent higher than the previous record set in December 2017 (when 5,196,229 tons of oil were transported through the CPC Sea Terminal).

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