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Oil Exports via Caspian Pipeline Down 12% in November M/m, Sources Say

Summary by Oil & Gas 360
(BOE Report) – Oil exports of the Caspian Pipeline Consortium (CPC), which ships oil from Kazakhstan via a pipeline and subsequently a Russian Black Sea terminal, declined by 12% in November from October, two industry sources said on Thursday. CPC, which handles around 80% of Kazakhstan’s oil exports, was attacked by a Ukrainian drone on November 29, when one of three key exporting units were severely damaged. Since then, only one single point mo

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Lean Left

Since November 29, Kazakhstan has produced 480 thousand tons less oil than planned due to damage to the infrastructure of the Caspian Pipeline Consortium (CTC) on the Black Sea coast of Russia.

The Minister of Energy of Kazakhstan, Erlan Akkenzhenov, stated that oil production losses from attacks on the Caspian pipeline consortium (KTC) had reached 480,000 tons. His words were quoted as "Power", "Interfax" and TASS. On the night of 29 November, the marine drone attack had disabled a portable docking device (UPU-2), which had seriously complicated the loading of oil transported from Kazakhstan to the port of Novo Russia into tankers.

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AKIpress broke the news in on Thursday, December 11, 2025.
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