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Caspian pipeline boosts oil exports by 8% in June from May, sources say
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Caspian pipeline boosts oil exports by 8% in June from May, sources say
Jul 14, 2025 4:15 AM

MOSCOW, July 14 (Reuters) - CASPIAN PIPELINE CONSORTIUM

RAISED OIL EXPORTS IN JUNE BY 8% FROM MAY TO 6.177 MILLION TONS

- TWO SOURCES

The Caspian Pipeline Consortium, which transports oil from

Kazakhstan via a Russia's Black Sea terminal, increased exports

by 8% in June from May, two industry sources told Reuters on

Monday.

The oil exports via the CPC pipeline rose to 6.177 million

metric tons, or 1.63 million barrels per day, last month, they

said.

The consortium, which handles more than 80% of oil exports

from Kazakhstan, does not comment on its production activity.

A source said that oil exports from only Kazakhstan via the

route increased last month to 5.580 million tons from 5.386

million tons in May, as the country ramped up production to

match a monthly record-high.

CPC, whose shareholders include Chevron ( CVX ) and

ExxonMobil ( XOM ), expects its oil exports to be lower by

around 2.6% this year comparing to an initial plan, at 74

million tons.

(Reporting by Reuters)

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