Caspian Pipeline Consortium increases oil transportation volumes

The volume of oil transportation via the Caspian Pipeline Consortium (CPC) system has increased compared to last year, CPC CEO Nikolay Gorban said at a meeting of the governing bodies in Almaty, Report informs referring to the company.

He noted that by the end of August 2024, 43.8 million tons of crude oil were exported, 405 tankers were shipped from the port of Novorossiysk.

Last year, these figures were 42.7 million tons and 391 tankers, respectively.

At the meeting, the shareholders summed up the financial results of the Caspian Pipeline Consortium.