Sources: Caspian Pipeline to Halt Oil Exports Aug 17-20

Reuters

MOSCOW, July 17 (Reuters) – The Caspian Pipeline Consortium (CPC), which brings oil from Kazakhstan to the Black Sea, will stop oil exports from August 17-20 due to works related to the trunk's expansion, industry sources told Reuters on Friday.

CPC will cut oil supplies in August to 3.111 million tonnes to 3.174 million tonnes in July, a preliminary loading schedule showed this week.

Last year, the pipeline shipped 40 million tonnes, up from 32.7 million tonnes in 2013. CPC plans to export 45 million tonnes this year.

(Reporting by Alla Afanasyeva; writing by Vladimir Soldatkin; editing by David Clarke)



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