Kazakhstan’s Oil Output Drops 6% After Damage Cuts CPC Export Capacity

Kazakhstan’s Oil Output Drops 6% After Damage Cuts CPC Export Capacity

Kazakhstan’s oil output has fallen sharply after damage at the Caspian Pipeline Consortium (CPC) export terminal disrupted flows, tightening supplies from one of OPEC+’s largest non-core contributors and forcing operators to curtail production, Reuters reported on Thursday.  Output dropped in the first two days of December after storms and structural damage limited loading capacity at the Black Sea terminal, prompting producers to scale back thr…

Exclusive-Kazakhstan's oil output declines as exports curbed by damaged terminal, source says

MOSCOW, Dec 4 : Kazakhstan's oil and gas condensate production declined by 6 per cent in the first two days of December, an industry source said on Thursday, following a Ukrainian drone attack on the Caspian Pipeline Consortium's (CPC) Black Sea loading facility.The CPC pipeline, which carries over 80 per cen

Kazakhstan’s Oil Output Declines as Exports Curbed by Damaged Terminal, Source Says - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – Kazakhstan’s oil and gas condensate production declined by 6% in the first two days of December, an industry source said on Thursday, following a Ukrainian drone attack on the Caspian Pipeline Consortium’s (CPC) Black Sea loading facility. The CPC pipeline, which carries over 80% of Kazakhstan’s oil exports and handles more than 1% ...