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Crude oil shipments decrease at Kazakhstan's Marine Terminal of CPC

Oil&Gas Materials 3 December 2020 17:06 (UTC +04:00)
Crude oil shipments decrease at Kazakhstan's Marine Terminal of CPC

BAKU, Azerbaijan, Dec. 3

By Nargiz Sadikhova - Trend:

Caspian Pipeline Consortium’s (CPC) Marine Terminal (MT) shipped 4.7 million gross tons (37.2 million barrels) of crude oil in November 2020 as compared to 4.8 million tons in October, indicating a decrease of 2.1 percent month-on-month, Trend reports citing CPC.

MT shipped 46 tankers in November 2020, which is one tanker less than in October 2020. The total number of tankers handled in the first 11 months of the year in Yuzhnaya Ozereyevka has reached 525.

Out of the 4.7 million tons of crude oil shipped in November 2020, 2.04 million tons was from Tengiz field, 907,425 tons from Karachaganak field, 1.01 million tons from Kashagan field, and 10,004 tons from other Kazakh producers.

In November, Kazakh producers shipped in total 3.9 million tons of crude oil with another 722,670 tons of the shipped crude oil came from Russia. The November shipment schedule was completed in full.

From 2001 through November 30, 2020 the total number of tankers handled over that period has amounted to 6,600.

CPC Pipeline System is one of the major investment projects in energy sector with participation of foreign capital in the CIS.

The length of the Tengiz–Novorossiysk Pipeline is 1,511 km; it transports over two thirds of all Kazakhstan export crude, as well as crude from Russian oil fields, including the Caspian Region.

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

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