Kazakhstan's CPC Oil Exports Remain Stable Despite Reported Attacks in Black Sea
Kazakhstan's energy ministry has confirmed that oil shipments via the Caspian Pipeline Consortium (CPC) remain stable following reports of an attack on loading facilities in the Black Sea. The Russian Defense Ministry accused Ukraine of damaging facilities at the maritime transshipment complex in Novorossiysk, which reportedly included a mooring point for the CPC and resulted in fires at four oil product reservoirs. Despite these reports, Sungat Yesimkhanov, Kazakhstan's deputy energy minister, assured that the oil sector's operations and CPC exports continue without disruption. The CPC terminal, crucial for Kazakhstan's crude exports, handles 80% of the country's oil, with supply volumes increasing to 70.5 million metric tons last year. The CPC is partly owned by U.S. companies Chevron and Exxon Mobil. Ukraine has not commented on the allegations, although its military claimed responsibility for drone attacks on oil infrastructure near the CPC terminal. 
