By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Pipeline PulsePipeline Pulse
  • Home
  • Oil
  • Featured
  • Gas
  • Refining & Processing
  • Exploration
  • Pipelines
  • Drilling
Reading: Delivery Route for Kazakhstani, Russian Oil Offline As a consequence of Glut, Climate
Share
Notification Show More
Latest News
Tycoon Elumelu to Purchase 20 % in Seplat
Tycoon Elumelu to Purchase 20 % in Seplat
Oil
Delivery Route for Kazakhstani, Russian Oil Offline As a consequence of Glut, Climate
Delivery Route for Kazakhstani, Russian Oil Offline As a consequence of Glut, Climate
Oil
Covestro Names New Chair as ADNOC Takes Over
Covestro Names New Chair as ADNOC Takes Over
Oil
Philippines Says Over 1 GW of Energy Capability Added in 2025
Philippines Says Over 1 GW of Energy Capability Added in 2025
Oil
NNPC Plans to Develop New Oil Fields to Increase Manufacturing
NNPC Plans to Develop New Oil Fields to Increase Manufacturing
Oil
Aa
Pipeline PulsePipeline Pulse
Aa
  • About Us
  • Advertising Solutions
  • Privacy
  • Terms of Service
  • Podcast
  • Home
  • Oil
  • Featured
  • Gas
  • Refining & Processing
  • Exploration
  • Pipelines
  • Drilling
Have an existing account? Sign In
Follow US
Copyright © MetaMedia™ Capital Inc, All right reserved.
Pipeline Pulse > Oil > Delivery Route for Kazakhstani, Russian Oil Offline As a consequence of Glut, Climate
Oil

Delivery Route for Kazakhstani, Russian Oil Offline As a consequence of Glut, Climate

Editorial Team
Last updated: 2026/01/01 at 10:55 AM
Editorial Team 2 hours ago
Share
Delivery Route for Kazakhstani, Russian Oil Offline As a consequence of Glut, Climate
SHARE


The Caspian Pipeline Consortium (CPC), which exports oil from Kazakhstan and Russia, has suspended acceptance and transshipment at its terminal within the Russian metropolis of Novorossiysk resulting from hostile climate and glutting at storage services.

The suspension of loading and switch operations on the Black Sea terminal started Monday, in response to a press release on CPC’s web site. “The shippers had been notified accordingly on time”, CPC mentioned.

Transshipment stays paused “till climate enchancment and lifting of storm warnings”, CPC mentioned, including such suspensions forestall oil spills.

- Advertisement -
Ad image

Already, “the oil cargo regularity was, to a significant extent, affected by an unmanned boat assault on SPM-2 and harm to the latter, in addition to the sooner commenced repairs on SPM-3, which had been difficult by extreme wintertime hydrometeorological circumstances”, mentioned CPC, partly owned by the Russian and Kazakhstani governments.

On November 29 CPC reported an assault on the terminal by drone boats that induced “vital damages” at Single-Level Mooring 2.

Whereas no personnel was injured, “the emergency shutdown techniques shut off the respective pipelines”, CPC mentioned in a web-based assertion. “Provisionally, oil spill to the Black Sea waters was prevented.

“Sea water sampling [is] underway, environmental monitoring in progress, [and] emergency oil spill response plan in motion.


Commercial – Scroll to proceed

“Additional SPM-2 operation is unimaginable. Offloading operations on the terminal will proceed in step with the established guidelines because the drone boat and flying drone risk is lifted”.

It added, “The Caspian Pipeline Consortium unites main gas and vitality firms from Russia, USA, Kazakhstan and from a number of nations of Western Europe. We imagine that the assault on CPC is an assault on the pursuits of CPC member states”.

CPC mentioned “no sanctions or restrictive measures have ever been imposed on CPC, which additionally testifies to the popularity of the numerous CPC position in guaranteeing pursuits of the corporate’s Western shareholders”.

Nevertheless, moreover direct possession, the Russian authorities additionally holds extra oblique stakes in CPC via two state-owned Russian oil firms which were sanctioned by the US and the UK. London and Washington introduced the sanctions in opposition to Lukoil PJSC and Rosneft PJSC October 15 and 22 respectively.

Moscow instantly owns 24 p.c in CPC. Lukoil Worldwide GmbH holds 12.5 p.c. A three way partnership between Rosneft and Shell PLC has 7.5 p.c, in response to CPC.

The opposite companions are NC KazMunayGas JSC (19 p.c), Chevron Caspian Pipeline Consortium Co (15 p.c), Mobil Caspian Pipeline Co (7.5 p.c), IC CPC Co (seven p.c), BG Abroad Holdings Ltd (two p.c), Eni Worldwide NA NV SARL (two p.c), Kazakhstan Pipeline Ventures LLC (1.75 p.c) and Oryx Caspian Pipeline LLC (1.75 p.c).

A lot of the oil passing via the 1,511-kilometer (938.89 miles) pipeline comes from fields in Western Kazakhstan, in response to CPC. Put onstream October 2001, the system has elevated its transport and loading capability to 83 million tons a 12 months, CPC says on its web site.

To contact the creator, e-mail jov.onsat@rigzone.com


What do you assume? We’d love to listen to from you, be a part of the dialog on the

Rigzone Power Community.

The Rigzone Power Community is a brand new social expertise created for you and all vitality professionals to Converse Up about our business, share information, join with friends and business insiders and interact in an expert neighborhood that can empower your profession in vitality.






Supply hyperlink

You Might Also Like

Tycoon Elumelu to Purchase 20 % in Seplat

Covestro Names New Chair as ADNOC Takes Over

Philippines Says Over 1 GW of Energy Capability Added in 2025

NNPC Plans to Develop New Oil Fields to Increase Manufacturing

Oil Ends Yr With Steepest Loss Since 2020

Editorial Team January 1, 2026
Share this Article
Facebook Twitter Email Print
Previous Article Covestro Names New Chair as ADNOC Takes Over Covestro Names New Chair as ADNOC Takes Over
Next Article Tycoon Elumelu to Purchase 20 % in Seplat Tycoon Elumelu to Purchase 20 % in Seplat
about us

Pipeline Pulse magazine is a preeminent digital publication in the petroleum industry, with a strong presence in the Middle East. Our esteemed digital publication is dedicated to providing cutting-edge insights on the international oil and gas industry, offering critical analysis of pressing issues and events, along with practical technology for designing, operating, and maintaining oil and gas operations.

Topics

  • Oil
  • Gas
  • Refining & Processing
  • Featured
  • Pipelines
  • Exploration
  • Drilling

Quick Links

  • About Us
  • Advertising Solutions
  • Privacy
  • Terms of Service
  • Podcast

Find Us on Socials

Copyright © Pipeline Pulse™ , All right reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Loading
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?