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)