Kazakhstan Continues Oil Shipments via CPC System Without Restrictions, Says Energy Ministry

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Kazakhstan Continues Oil Shipments via CPC System Without Restrictions, Says Energy Ministry

Kazakhstan is continuing to supply its oil through the Caspian Pipeline Consortium (CPC) system as usual, without any restrictions, according to the Kazakh Energy Ministry.

"There are no restrictions for Kazakh oil from the CPC. It is taking [Kazakh oil] as usual," it said, The Caspian Post reports citing Interfax.

The Russian Defense Ministry said earlier that Ukrainian forces tied to attack the CPC's Kropotkinskaya oil pumping station in the Krasnodar Territory last night. The attack drone was intercepted seven kilometers from the facility.

The previous attempt to attack the Kropotkinskaya station was undertaken on February 17. The station then sustained damage and had to suspend operations in order to undergo repairs.

On March 19, three fixed-wing drones attacked an energy facility in the Krasnodar Territory's Kavkazskaya village, which transfers oil from tank cars to the CPC pipeline system.

The 1,511-kilometer long CPC pipeline connects oil fields in western Kazakhstan and Russian fields on the Caspian shelf with the marine terminal in Novorossiysk. The system is the main export route for Kazakh oil, accounting for more than 80% of Kazakhstan's volumes pumped through the pipeline. Currently, CPC is capable of transporting approximately 72.5 million tonnes of oil per year from Kazakhstan's territory and up to 83 million tonnes via Russia. The CPC exported 63.01 million tonnes of oil, 55 million tonnes of it from Kazakhstan, in 2024.

CPC's shareholders are the Russian Federation with 31%, with Transneft managing 24% and 7% on the balance sheet; KazMunayGas with 19%; Kazakhstan Pipeline Ventures LLC with 1.75%; Chevron Caspian Pipeline Consortium Company with 15%; Lukoil International GmbH with 12.5%; Mobil Caspian Pipeline Company with 7.5%; Rosneft-Shell Caspian Ventures Limited with 7.5%; BG Overseas Holding Limited with 2%; Eni International N.A. N.V. with 2%; and Oryx Caspian Pipeline LLC with 1.75%.

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Kazakhstan is continuing to supply its oil through the Caspian Pipeline Consortium (CPC) system as usual, without any restrictions, according to the Kazakh Energy Ministry.