Adverse weather conditions in the CPC MT operation area forced the Consortium on 29.12.2025 to suspend oil transshipment until weather improvement and lifting of storm warnings. Acceptance of oil was suspended as well on 29.12.2025 due to glutting of storage facilities. The shippers were notified accordingly on time.
Just to remind, CPC adheres to an uncompromising position on the issue of environment protection and industrial safety during operation of the Consortium MT equipment in the Black Sea, prevention of oil-spill emergencies, that explains the current restrictions.
It should be specifically pointed out that the oil shipment regularity was, to a major extent, affected by an unmanned boat attack on SPM-2 and damage to the latter, as well as the earlier commenced repairs on SPM-3, which were complicated by severe wintertime hydrometeorological conditions.
Information on resumption of a stable oil pipeline operation and return to a standard MT oil shipment mode will be provided later.
For information:
CPC Crude Oil Pipeline System is one of the major projects in CIS energy sector. The length of the Tengiz – Novorossiysk pipeline is 1,511 km. This route transports over two-thirds of all Kazakhstan export oil, and crude from Russian oil fields, including those in the Caspian Region. CPC Marine Terminal features three Single Point Moorings (SPMs) that enable safe tanker loading at a significant distance offshore.
CPC Shareholders: Russian Federation – 24%, IC CPC Company (LLC) – 7%, NC KazMunayGas JSC – 19%, Kazakhstan Pipeline Ventures LLC – 1.75%, Chevron Caspian Pipeline Consortium Company – 15%, Lukoil International GmbH - 12.5%, Mobil Caspian Pipeline Company– 7.5%, Rosneft-Shell Caspian Ventures Limited– 7.5%, BG Overseas Holdings Limited– 2%, Eni International N.A. N.V. S.ar.l. – 2% and Oryx Caspian Pipeline LLC – 1.75%.