...

Crude oil handling down at Caspian Pipeline Consortium in Sept. 2020

Oil&Gas Materials 4 October 2020 15:00 (UTC +04:00)
Crude oil handling down at Caspian Pipeline Consortium in Sept. 2020

BAKU, Azerbaijan, Oct. 4

By Nargiz Sadikhova - Trend:

Caspian Pipeline Consortium (CPC) Marine Terminal (MT) shipped 4.3 million gross tons (34.2 million barrels) of crude oil in Sept. 2020, which is 4.5 percent less than in Aug. 2020, Trend reports citing CPC.

MT has also shipped 43 tankers in September 2020 as compared to 44 tankers in August 2020.

The total number of tankers handled in the first nine months of 2020 in Yuzhnaya Ozereyevka has reached 432.

Out of the 4.3 million tons of crude oil shipped in September 2020, 1.8 million tons was from Kazakhstan’s Tengiz field, 661,272 tons from Karachaganak field, 1.09 million tons from Kashagan field, and 10,004 tons from other Kazakh producers.

In September, the Kazakh producers shipped in total 3.5 million tons of crude oil with another 735,164 tons of the shipped crude oil came from Russia. The September shipment schedule was completed in full.

From 2001 through September 30, 2020, 690.4 million net tons of crude oil were delivered to the world markets via the Tengiz-Novorossiysk oil pipeline system.

That included 602.1 million tons of crude oil came from Kazakhstan and 88.2 million tons produced in Russia. The total number of tankers handled over that period has amounted to 6,507.

The CPC pipeline system is one of the largest investment projects with foreign capital in the energy sector in the CIS. The length of Tengiz-Novorossiysk pipeline is 1,511 km; more than two thirds of all export crude oil from Kazakhstan and crude oil from the Russian fields, including those in the Caspian Region, are transported by this route.

CPC Marine Terminal is equipped with three Single Point Moorings (SPM) that allow to load tankers safely at a significant distance offshore, also in poor weather conditions.

---

Follow the author on twitter: @nargiz_sadikh

Tags:
Latest

Latest