On March 17, Kazakhstan’s Minister of Energy Almassadam Satkaliyev held talks with General Director of the Caspian Pipeline Consortium (CPC) Nikolay Gorban. During the meeting, the two parties discussed the current workflow of the pipeline.
Gorban reported that between Jan. 1 and March 11, 2025, 13.5 million tons of oil had been shipped through the CPC stretching from the Tengiz oil field to the port of Novorossiysk, where the oil was loaded onto 118 oil tankers. In 2024, the marine terminal processed 63 million tons of oil, generating $2.3 billion in revenue. During the same period, CPC shareholders received...