Kazakhstan Has Reduced Oil Production and Suspended Its Loading at the CTC Terminal in Novo Russia
4 Articles
4 Articles
The suspension of imports of Kazakh oil risks costing fuel, fuelling inflation and putting pressure on the trade deficit and the lion.
Kazakhstan temporarily reduced oil production due to the suspension of exports through the Caspian pipeline consortium (KTC) terminal in Novo Russia, which was reported by the Ministry of Energy of the country; the press service stated that oil loading at the CTC had been suspended "in order to ensure the safety of ships, crews and ecology in the Black Sea area", and that this was necessary for "controlled adjustment of daily oil levels" and as …
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The Ministry of Energy of Kazakhstan reported that the Republic had temporarily reduced oil production and that the loading of raw materials at the Caspian pipeline consortium (KTC) maritime terminal in Novo Russia had been suspended and that loading had been suspended "in order to ensure the safety of ships, crews and the environment in the Black Sea area".
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