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:
Gaz-System, Energinet
Project:
Baltic Pipe
Type:
Baltic Pipe will transport Norwegian natural gas from the Norwegian North Sea via Denmark to Poland.
Length:
560 miles (900 km)
Capacity:
110 Bcf per annum
Start:
Q2 2020
Completion:
Q4 2022
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