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Caspian Pipeline Consortium's crude oil handling down

Oil&Gas Materials 5 September 2019 12:24 (UTC +04:00)

Baku, Azerbaijan, September 5

By Nargiz Sadikhova - Trend:

Caspian Pipeline Consortium’s (CPC) delivered 5.315 million gross tons (42.068 million barrels) of crude oil to its Marine Terminal (MT) in August 2019, compared to 5.699 million tons last month, and handled 50 tankers, which is four tankers less than in the previous month, Trend reports with reference to CPC.

According to the data, the schedule for the crude oil handling was fully completed.

Furthermore, 390 oil tankers were handled at the MT in January- August 2019, which took 41.517 million gross tons of crude in their tanks.

Out of the oil lifted in August 2019, some 2.265 million tons accounted for the crude oil from Tengiz field; 881,330 tons - from Karachaganak field; 1.458 million tons - from Kashagan field; and 148,447 tons from other Kazakh producers.

In August, a total of 4.753 million tons of the crude oil were shipped by Kazakh producers, and 562,066 tons were delivered from Russia.

CPC is the largest international oil transportation project with participation of Russia, Kazakhstan and world’s leading producer companies, which was formed for construction and operation of the trunk oil pipeline more than 1,500 kilometers long.

The CPC pipeline system mainly collects crude oil from large oil fields of West Kazakhstan, as well as crude oil from Russian producers.

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