Caspian Pipeline Consortium says second, third moorings could take at least 3-4 weeks to repair

MOSCOW. March 28 (Interfax) - It could take at least three or four weeks to repair the second and third single-point moorings at the Caspian Pipeline Consortium's Marine Terminal, the CPC said in a press release.

"Weather conditions offshore the CPC Marine Terminal allowed to perform inspection of SPM-1 equipment. The SPM was found serviceable and fit for oil transshipment," CPC said.

"Currently, loading via SPM-1 is carried out normally. SPM-2 and SPM-3 remain decommissioned," it said.

"In order to prepare for SPM-3 floating hoses repair, the SPM-3 system was flushed. Commencement of repair will be announced later, so far weather prevents the required diving operations," the CPC said.

"Oil from shippers is accepted into the oil pipeline system using minimum pumping modes in connection with the lack of available tankage in the tank farms and impossibility of concurrent operation of two SPMs at the Marine Terminal," it said.

"Repairs on SPM-2 and SPM-3 will take tentatively at least 3-4 weeks," it said.