Markets

CPC consortium says exported 55.1mn T of oil in 2017

Published January 9, 2018 Updated January 9, 2018 07:29pm

It attributed the rise, from the 44.3 million tonnes exported in 2016, to the completion of a project expanding the capacity of a pipeline connecting Kazakhstan's oil fields to Russia's port of Novorossiisk.

The consortium involves Russian state-owned pipeline monopoly Transneft, the government of Kazakhstan, US oil company Chevron and Russia's Lukoil.

 

Copyright Reuters, 2018