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Marine terminal at Caspian Pipeline Consortium resumes loading of Kazakh oil

Kazakhstan Materials 23 February 2023 10:15 (UTC +04:00)
Marine terminal at Caspian Pipeline Consortium resumes loading of Kazakh oil
Emin Sevdimaliyev
Emin Sevdimaliyev
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BAKU, Azerbaijan, February 23. Caspian Pipeline Consortium (CPC) resumed oil loading on the Marine terminal due to improved weather conditions, Trend reports, citing the press service of the Consortium.

The CPC noted that the Marine terminal was shut down for incoming oil due to concerns about possible spills.

The shipment on the terminal was stopped on 19 February due to the storm warning issued by the captain of the Novorossiysk port. Consequently, the tank farm was nearly full, and questions remained about whether Kazakhstan would have to decrease oil production.

Yesterday, Bulat Akchulakov, the Minister of Energy of Kazakhstan, said that an improvement in weather conditions was expected on Thursday, which would enable the Terminal to restore operations.

The CPC pipeline system is one of the largest investment projects in the energy sector in the CIS area. The length of the pipeline, which runs from the Tengiz oil field through the Russian Novorossiysk is 1,511 km. This pipeline is responsible for transporting the major part of the oil produced in Kazakhstan. The CPC Marine Terminal is equipped with three offshore berthing facilities that allow the safe loading of tankers at a considerable distance from the shore.

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