The Caspian Pipeline Consortium (CPC) announced that it has suspended taking Tengiz oil at its Tengiz oil pumping station.
The company was forced to suspend taking the oil due to overstocking. The CPC’s oil reservoirs are full and can’t take any oil, so the Atyrau (Kazakhstan) and Komsomolskya (Russia) oil pump stations have significantly reduced their output.
According to Kazakhstan’s Minister of Energy Bolat Akchulakov, the Caspian Pipeline Consortium continues to work and the Novorossiysk seaport may resume the loading of oil tankers on February 23.
«Concerning the CPC, as you can see there are lots...