MOSCOW, May 12 (Reuters) - Black Sea CPC Blend oil
exports via the Caspian Pipeline Consortium (CPC) system were
set at 1.5 million barrels per day (or about 6 million metric
tons) for May, down from some 1.6 million barrels per day in
April, two industry sources said.
Kazakhstan's energy ministry said on Tuesday it is
committed to the OPEC+ agreement and will continue to fulfil all
its obligations in order to ensure the stability of the global
energy market.
On a daily basis, CPC Blend oil exports in May could fall by
about 6% compared to April, Reuters calculations showed. April
is one day shorter than May.
CPC does not comment on monthly crude shipments through its
system.
The CPC pipeline, which carries more than 80% of all Kazakh
oil exports, connects the Tengiz field in western Kazakhstan and
a number of others with the CPC marine terminal in Yuzhnaya
Ozereyevka near Novorossiisk port.
The shareholders of the CPC are Russia, which owns 31%,
Kazakhstan (20,75%), U.S. oil major Chevron ( CVX ) (15%),
ExxonMobil subsidiary Mobil Caspian Pipeline Company (7.5%) and
other companies.