21st July 2022
EP

Caspian Pipeline Consortium (CPC), which takes oil from Kazakhstan to the Black Sea via one of the world's largest pipelines, has been told by a Russian court to suspend activity for 30 days although sources said exports were still flowing.

 

CPC, which handles about 1 percent of global oil, said the ruling to suspend operations related to paperwork on oil spills and said the consortium, which includes US firms Chevron and Exxon, had to abide by the ruling which was issued recently.


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