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Caspian pipeline oil exports on schedule, Kazakhstan says

  • Kazakhstan's oil exports via the Caspian Pipeline Consortium are on schedule, despite damage from a drone attack on February 17, 2025, according to Energy Minister Almasadam Satkaliyev.
  • The consortium reported that it will take about two months to repair the damaged pumping station, but is rerouting flows to avoid disruptions.
  • Kazakhstan's oil exports account for approximately 1% of global supply, and the damage could lead to a significant decrease in exports, according to Russia's state pipeline operator Transneft.
  • Kazakhstan is exploring ways to diversify its oil export routes to reduce dependence on the Caspian Pipeline, including developing trans-Caspian routes.
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EURO-NEWS broke the news in on Tuesday, February 18, 2025.
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