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CPC boosts oil exports

05.09.2019,13:27


September 5, Fineko/abc.az. The Caspian Pipeline Consortium (CPC) exported 41,517,000 tons of oil in January-August 2019, which is an increase of 3.26% (40,205,000 tons) over the same period in 2018.

It is reported that in 2018, the largest oil exports were from Tengiz (28,700,000 tons), Kashagan (13,200,000 tons) and Karachaganak (10,300,000 tons) fields.

More than two-thirds of Kazakhstan's total export oil is transported by CPC.

It should be noted that the Caspian Pipeline Consortium was created for the transit export of Kazakhstani oil from Russia. The consortium connects Western Kazakhstan with the Black Sea coast, it owns the Tengiz-Novorossiysk pipeline, which extends to 1,511 kilometers.