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Wednesday, May 09, 2007

CPC pumps up the volume

02 May 2007 - Upstream OnLine - The Caspian Pipeline Consortium (CPC) said its exports of Kazakh oil to the Black Sea rose to 759,000 barrels per day in April, up 7% from March. The Chevron-led pipeline group said it exported 22.78 million barrels in April, compared with 22.01 million barrels, or 710,000 barrels per day, in March. The pipeline is running well above its official capacity of 31.1 million tonnes per year, or 666,000 bpd. Russian shippers exported 90,000 bpd via CPC in April, up from 84,000 bpd in March.

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