Med crude-Urals diffs steady, CPC pipeline maintains normal oil transit in March

MOSCOW, March 18 (Reuters) - Urals crude differentials held steady on Tuesday while oil flows via the Caspian Pipeline Consortium (CPC) pipeline continued as normal.

Russian oil pipeline monopoly Transneft CEO Nikolai Tokarev said on Tuesday that there had been no drop in oil flows via the CPC pipeline in March.

It was not clear before if oil supplies via the CPC pipeline will continue in March with no restrictions following an attack on the Kropotkinskaya pumping station in February. Russia previously said the CPC could reduce flows by 30% to 40% following the attack.

Russia's Deputy Prime Minister Alexander Novak said on Tuesday that Russia's oil output is expected to be 515-520 million metric tonnes in 2025.

PLATTS WINDOW

• No bids or offers were shown for Urals, Azeri BTC and CPC Blend in the Platts window on Tuesday.

NEWS

• Kazakhstan's energy minister will stand down from his role, the country's presidential office said on Tuesday, as the government struggles to convince U.S. and European oil companies to lower production that exceeds OPEC+ targets.

• Gazprom Neft is ready to raise oil output from April under the OPEC+ agreement, the head of the Russian oil producer said on Tuesday.