BAKU, Azerbaijan, Jul. 3
By Nargiz Sadikhova - Trend:
Caspian Pipeline Consortium’s (CPC) Marine Terminal (MT) shipped 4.2 million gross tons (33.8 million barrels) of crude oil in Jun. 2020, which is 8.2 percent less than in May 2020 (4.6 million gross tons), Trend reports with reference to CPC.
MT shipped 43 tankers in June 2020, which is 1 tanker less than in May 2020 (44 tankers). The total number of tankers handled in 1H2020 has reached 299.
Of the 4.2 million tons of crude oil shipped in June 2020, 1.7 million tons was from Kazakhstan’s Tengiz field, 794,668 tons from Kazakh Karachaganak field, 972,754 tons from Kazakh Kashagan field, and 32,342 tons from other Kazakh producers.
In June, Kazakh producers shipped a total of 3.5 million tons of crude oil with another 695,552 tons of the shipped crude oil came from Russia. The June shipment schedule was completed in full.
Over the period from 2001 through June 30, 2020, 677.0 million net tons of crude oil were delivered to the world markets via the Tengiz-Novorossiysk oil pipeline system.
That included 590.5 million tons of crude oil came from Kazakhstan and 86.5 million tons produced in Russia. The total number of tankers handled over that period has amounted to 6,374.
The CPC pipeline system is one of the largest investment projects with foreign capital in the energy sector in the CIS.
The length of Tengiz-Novorossiysk pipeline is 1,511 km; more than two thirds of all export crude oil from Kazakhstan and crude oil from the Russian fields, including those in the Caspian Region, are transported by this route.
CPC Marine Terminal is equipped with three Single Point Moorings (SPM) that allow to load tankers safely at a significant distance offshore, also in poor weather conditions.
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