BAKU, Azerbaijan, September 30. Oil shipments
through the Caspian Pipeline Consortium’s (CPC) marine terminal
totaled almost 50 million tons from January 1 through September 25,
2026, down by 4 million tons compared with the same period last
year, CPC’s press service said.
The number of tankers handled during the mentioned period
amounted to 397, compared with 453 in the same period of 2025.
“The decline in shipments through the Marine Terminal in 2026
was due to the consequences of the 2025 incident involving the
single point mooring (SPM), lower volumes of crude oil delivered by
Tengizchevroil LLP in the first quarter of this year, an increase
in the duration of danger alerts in the Novorossiysk area, and a
higher number of days with weather conditions unfavorable for
shipments,” the company said.
The Caspian Pipeline Consortium (CPC) is a major international
oil transportation project involving Russia, Kazakhstan and leading
oil-producing companies. It was established to construct and
operate a pipeline system stretching 1,511 kilometers.
The pipeline primarily receives crude oil from the large oil
fields of western Kazakhstan, as well as from Russian producers.
The oil is transported to the company's Marine Terminal in Yuzhnaya
Ozereyevka near Novorossiysk, where it is loaded onto tankers for
shipment to global markets.
Around 80% of Kazakhstan's oil exports are transported through
the CPC pipeline system.
