CPC Suffers New Mishap

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

The Caspian Pipeline Consortium (CPC) has again reduced loadings in the Black Sea after two of three single point moorings (SPMs) were temporarily switched off because of cracks in the subsea hose attachments to buoyancy tanks. The group that operates the pipeline said the cracks were discovered earlier this month during scheduled maintenance. Only 3.5 million metric tons a month (922,000 b/d) could be loaded now, the group said.

Security Risk , Oil Supply
Wanda Ad #2 (article footer)
Novatek’s plans to build the new Murmansk LNG plant reflect Moscow’s sanctions-driven shifts in its gas export strategy.
Wed, May 31, 2023
The US president met with cabinet members Tuesday to hash out priorities on clean energy and infrastructure over the next three months.
Tue, Jun 6, 2023
Warming ties between Iran and its Gulf neighbors are helping de-escalate regional tensions. But US sanctions and nuclear jitters risk spoiling the party.
Thu, Jun 1, 2023