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Russia has again limited the volume of oil transit from Kazakhstan

The decline in exports in the Caspian Pipeline Consortium was explained by the damage to two oil loading berths.

   
August 23, 2022, 08:23
Business & Energy
Image: sknews.kz

Image: sknews.kz

MOSCOW (Realist English). The Caspian Pipeline Consortium, which operates of the main route for oil exports from Kazakhstan, announced for the second time in the summer a decrease in oil exports at the request of cargo senders, the company said in a statement.

The decline in exports was explained by damage to two oil loading berths. According to the consortium, in general, three remote mooring devices are used, but in August divers found cracks in the hulls of two such devices. CPC turned to their manufacturer, IMODCO, and the ABS classification society controlling the operation.

There is no threat to the population, flora or fauna of the Black Sea due to damage to berthing devices, the tightness of the equipment has been preserved, there have been no incidents or accidents with an oil spill, the CPC claims.

“Exploitation of one of single point moorings, currently, will allow to fulfill the shippers’ requests in reduced volumes.

CPC takes an uncompromising position on environmental protection and industrial safety while operating its Marine Terminal in the Black Sea as well as prevention of oil spills.

We consider it necessary to stress that the above-mentioned damage did lead to any incident or accident associated with oil spill. There is no threat to the public or the environment. The company has taken action to prevent any such risks on the equipment”, — stated in the company.

In July, a Russian court blocked the work of the Caspian Pipeline Consortium, which operates the main route for oil exports from Kazakhstan. The reason for the court’s decision is called an inspection on May 6, during which Roskomnadzor identified environmental violations at CPC production facilities. Later, the court lifted the ban on oil transshipment and replaced it with a fine.

The Caspian Pipeline Consortium is the main export route for oil from Kazakhstan, which accounts for 80% of the volumes of raw materials pumped through the pipeline.

AsiaKazakhstanOil MarketRussiaRussia-Kazakhstan RelationsRussia’s Foreign Policy
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