July 4, 2017 [PortNews IAA] - In January-June 2017, crude oil exports via CPC Marine Terminal in Novorossiysk increased by 24.6%, year-on-year, to 27.2 mln t, CPC says.
The terminal shipped more than 24.6 mln t of Kazakh oil and more than 2.6 mln t of Russian oil.
In June, crude exports climbed by 37.7% to 4.68 mln t.
CPC pipeline system is one of the largest investment projects in the energy industry with participation of foreign capital on the CIS territory. The length of the pipeline connecting the oil fields in Western Kazakhstan with the Marine Terminal near Novorossiysk is 1,511 km. CPC Marine Terminal is equipped with single point moorings which allow for safe tanker lifting at a considerable distance from the shore, also when the weather conditions are unfavorable. Crude exports via CPC terminal in 2014 climbed by 22.2% to 39.9 mln t
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