Pipeline Operator: Defect Hinders Export of Oil from Kazakhstan
Oil companies such as ExxonMobil and Chevron will have to stop exporting oil from Kazakhstan via Russia due to equipment damage, Caspian Pipeline Consortium (CPC) announced.
That means a deterioration of the energy supply from Russia to the West. For example, Russia itself has limited the gas supply to Europe.
CPC manages, among other things, the pipeline that connects the oil fields in western Kazakhstan with the Russian coast along the Black Sea. According to the consortium, exports from two of its three berths at a terminal in the Black Sea have been suspended due to a technical problem with floating tanks.
CPC has repeatedly suspended its operations this year due to maintenance work and inspections at mooring places.