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Russia says Ukrainian drone attack on pipeline carrying 1% of global crude could disrupt flows
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Russia says Ukrainian drone attack on pipeline carrying 1% of global crude could disrupt flows
Feb 17, 2025 11:18 PM

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Ukraine attacks CPC pumping station

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CPC carries 1% of global crude supply

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Russia says attack could disrupt supply

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Ukrainian source admits attack

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Russia says the strike could damage U.S. companies

(Recasts headline and first paragraphs)

By Guy Faulconbridge

MOSCOW, Feb 18 (Reuters) - A senior Russian official

said on Tuesday that Ukrainian drones had attacked a pipeline in

Russia which pumps about 1% of global crude supply, a strike

that he said could disrupt flows to world markets and damage

U.S. companies.

The Caspian Pipeline Consortium (CPC) said on Monday that a

crude oil transportation facility, the Kropotkinskaya station in

the southern Krasnodar region, was struck by several drones

loaded with explosives and shrapnel.

The CPC did not say who was behind the drone attack but said

that the Kropotkinskaya facility had been taken out of service

and that crude through the Tengiz-Novorossiysk pipeline system

was being maintained at reduced flow rates and bypassing the

pumping station.

Kropotkinskaya is the largest pumping station on the

pipeline in Russia.

"Ukrainian drones attacked a pumping station that provides

oil transportation through the main oil pipeline of the Caspian

Pipeline Consortium," Dmitry Medvedev, deputy chairman of

Russia's powerful Security Council, said.

"A blow to an oil consortium could stop oil pumping,

unbalance the market, increase oil price spikes and cause direct

damage to American companies," he said.

An official at Ukraine's SBU security service said that

Kyiv had hit the pumping station and nearby Ilsky oil refinery

using drones.

Medvedev said that the attack by Ukraine on a pipeline

partly owned by U.S. companies was a blow against U.S. President

Donald Trump who has sought lower oil prices and that it

remained to be seen what Trump would do about it.

The CPC pumps oil from the vast Tengiz field on the

northeastern shores of the Caspian and from Russian producers,

taking oil 1,500 km (939 miles) across Kazakhstan and Russia to

the Black Sea where it is loaded onto tankers for supply to

world markets.

Russia has a 24% stake, Kazakh state oil and gas company

KazMunayGas has a 19% stake, Chevron ( CVX ) has a 15% stake,

Lukoil has a 12.5% stake and Exxon Mobil ( XOM ) has a

7.5% stake.

In 2024, CPC exported 63.01 million metric tons of oil,

known as the CPC blend.

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