Kazakhstan will re-route some of its export oil to a pipeline in Azerbaijan as the Caspian Pipeline Consortium channel remains at risk of further suspensions, Reuters has reported, citing unnamed sources familiar with the matter. In July this year, a Russian court ordered the suspension of oil flows along the CPC on the ground of environmental violation: a spill that occurred during the loading of a Greek-flagged tanker last year at the port of Novorossiysk.
The company attributed the accident to equipment problems. That court’s decision…Kazakhstan To Reroute Oil Flow From Caspian Pipeline
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