Caspian Pipeline Consortium Says it is Operating Normally
1/6/2022
LONDON (Reuters) — The Caspian Pipeline Consortium, a group which runs Kazakhstan's main crude oil blend to export terminals, said on Thursday it was continuing to operate normally amid the state of emergency in the central Asian country.
CPC is owned by a consortium that includes Russia's Transneft, Kazakh KazMunayGas, Chevron Caspian Pipeline Consortium Company and LUKARCO B.V. among other firms.
Kazakhstan has been plunged into turmoil after fuel price hikes sparked massive protests, forcing the government to introduce a state of emergency across the country including in Atyrau, the province where CPC facilities are based.
Related News
Related News
Sign up to Receive Our Newsletter
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
Pipeline Project Spotlight
Owner:
East African Crude Oil Pipeline Company
Project:
East African Crude Oil Pipeline (EACOP)
Type:
TotalEnergies in discussions with a Chinese company after Russian supplier Chelpipe was hit by sanctions.
Length:
902 miles (1,443 km)
Capacity:
200,000 b/d
Start:
2022
Completion:
2025
Comments