Caspian pipeline consortium reduces oil exports from terminal in Novorossiysk

The Caspian pipeline consortium (CPC) reduced oil exports in January-July from the terminal “Yuzhnaya Ozereyka-2” in Novorossiysk. In July, CPC extended shipping by 12.8% compared to June. CPC owns the 1580 km Tengiz-Novorossiysk pipeline.