Russian watchdog had restricted CPC exports terminals
Kazakh oil output could have significantly decreased
Not clear when CPC resumes exports terminal operations in full
Transneft also suspended a berth at the port of Novorossiisk
Adds Transneft suspending a berth in Novorossiisk in paragraphs 10, 11
MOSCOW, April 4 (Reuters) - The Caspian Pipeline Consortium (CPC) said on Friday that a Russian court ruled that its Black Sea export terminal facilities should not be suspended, in a major victory for the Western-backed consortium.
The decision looks set to avert a potential fall in Kazakhstan's oil production and supplies via the CPC, which accounts for around 80% of the country's oil exports.
Industry sources told Reuters about a flurry of diplomatic activity over the pipeline's operations between Russia and Kazakhstan before the court ruling.
Russia's oil pipeline monopoly Transneft said on Thursday that its head, Nikolai Tokarev, met the CEO of Kazakh state energy company KazMunayGaz, Askhat Khassenov, in Moscow. Both companies are large CPC stakeholders.
Transneft did not mention CPC directly in its statement about the meeting.
Russia's transport regulator this month ordered CPC, whose shareholders include Chevron CVX.N and Exxon Mobil XOM.N, to suspend operations at two of the three moorings at its Black Sea export terminal after snap inspections following a massive oil products spill in December.
The court, having considered the inspection, ruled to hold the Russian part of the CPC consortium liable and imposed an administrative fine of 200,000 roubles ($2,357) without suspension of the exporting facilities, CPC said on Friday.
It was not immediately clear when the CPC export terminal would resume normal operations. CPC declined to comment on the timing.
CPC has been in the spotlight since Russia's war in Ukraine. The consortium closed all but one of its mooring points several times in 2022 due to damage severely cutting exports via the route.
Transneft said on Wednesday it had suspended a mooring at the Black Sea port of Novorossiisk for 90 days following a snap inspection by the transportation watchdog.
A court is also due to rule on the suspension later on Friday.
Oil exports via the CPC pipeline were set for April at 1.7 million barrels per day, or approximately 6.5 million metric tons.
The CPC pipeline is a major oil export route for Kazakhstan, which - due mainly to rising production from the giant Chevron-led Tengiz oilfield - has been breaching export quotas within the OPEC+ producer group, which includes OPEC and Russia.
Other OPEC+ members, including Saudi Arabia, have also been pressing Kazakhstan to cut production to meet its quotas.
On Thursday, OPEC+ decided to raise output ahead of schedule, signalling the group was confident non-compliant members would reduce output in the coming weeks.
($1 = 84.4000 roubles)
(Reporting by Vladimir Soldatkin; Editing by Jan Harvey, David Goodman and Louise Heavens)
((vladimir.soldatkin@thomsonreuters.com; twitter: @vsoldatkin;))
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。
沒有相關數據
如果下載按鈕點擊無跳轉,請點擊右上角菜單選擇 “在瀏覽器打開”