MOSCOW, Sept 13 (Reuters) - The Caspian Pipeline
Consortium (CPC), which exports Kazakhstan's oil via the Black
Sea, increased oil exports by 2.6% in January-August from the
same period in 2023 to 43.8 million metric tons, the consortium
said on Friday.
The consortium has said it expects its 2024 oil exports to
fall 7% short of a preliminary target owing to lower loadings
from a key field.
The main CPC shareholders are Russian oil pipeline monopoly
Transneft (24%), Kazakhstan's KazMunayGas
(19%), Chevron Caspian Pipeline Consortium Company
(15%), Lukarco B.V (12.5%), Mobil Caspian Pipeline
Company (7.5%), CPC Company (7%) and Rosneft-Shell
Caspian Ventures Limited (7.5%).