CPC pipeline maintains normal oil transit in March, Transneft CEO says
ReutersMar 18, 2025 1:37 PM
MOSCOW, March 18 (Reuters) - Oil flows via the Caspian Pipeline Consortium (CPC) pipeline in March continued as normal, with no drop in volumes, Russian oil pipeline monopoly Transneft TRNF_p.MM CEO Nikolai Tokarev said on Tuesday.
On Monday, the CPC reported that it had transported 13.5 million metric tons of oil via the Tengiz-Novorossiisk pipeline system since the start of 2025, as of March 11.
A drone strike hit a pumping station on the pipeline in southern Russia in February, reducing flows of oil from Kazakhstan to world markets pumped by Western firms, including Chevron CVX.N and Exxon Mobil XOM.N.
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