6 Oct 2009 18:30

CPC boosts oil exports by 12.7% in Jan-Sep

MOSCOW. Oct 6 (Interfax) - The Caspian Pipeline Consortium (CPC) increased total shipments of oil for export to the terminal South Ozereika-2 (Novorossiisk Port) by 12.7% year-on-year in January-September 2009, the CPC said in statistics published on its website.

According to the consortium's statistics, in January-September 2009 exports came to 25.8 million tonnes of oil. In September 2009, total pumping through CPC's system stood at 2.847 million tonnes, up 20% year-on-year. In comparison with August exports of oil went up by 0.6%.

CPC owns the Tengiz-Novorossiisk oil pipeline, which covers a distance of 1,580 kilometers and unites Kazakhstan's field with the Russian shore of the Black Sea. Total oil pumping through the pipeline in 2008 came to 31.47 million tonnes.