CPC has resumed oil loadings at Russia's Black Sea terminal, Kazakh energy ministry says
XLE•Pipeline importance to Kazakhstan exports
The CPC pipeline, which accounts for more than 80% of oil exports from Kazakhstan, runs from Kazakhstan's Tengiz oilfield via Russia to the port of Novorossiysk on the Black Sea.
CPC terminal resumes oil loadings after one-week stoppage
ASTANA, July 27 (Reuters) - The Caspian Pipeline Consortium's Black Sea terminal on the Russian coast has resumed oil loadings, Kazakhstan's energy ministry said on Monday, after a one-week stoppage following Ukrainian drone attacks.
The suspension had led to a sharp reduction of oil output in Kazakhstan.
