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.
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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
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