Monday March 2, 11:47 AM
Caspian CPC Feb oil exports fall 0.4 pct vs Jan
MOSCOW, Mar 2 (Reuters) - Kazakh and Russian oil exports via
the Caspian Pipeline Consortium (CPC) fell to 758,598 barrels a
day in February, 0.4 percent down from 761,340 bpd in January,
CPC said on its website.
The pipeline group is led by U.S. major Chevron
and includes Russian pipeline company Transneft,
ExxonMobil, Royal Dutch Shell (Amsterdam: RDSA.AS - news) and LUKOIL .
The group exports CPC Blend from a terminal near the
Russian port of Novorossiisk. Russian companies such as Rosneft , Surgutneftegas and TNK-BP, also
ship crude via CPC.
In 2008, CPC transported 32.2 million tonnes of oil, down
from 32.6 million tonnes in 2007.
CPC state shareholders Russia and Kazakhstan own 31 percent
and 19 percent in CPC, respectively.
BP is leaving the group over disagreement about its
expansion terms approved in December by all other consortium
members..
To read a story on Russian oil production and exports in
February, please click on.
To see a table of Russian oil production and exports in
February, please click on.
To see a table of Russian gas production in February, click
on.
To see a table of Russia's seaborne exports in January,
click on.
For key Russian statistical oil reports
For key Russian oil data
(Note - CPC uses an average ratio of 7.82 to convert tonnes
into barrels)
(Reporting by Gleb Gorodyankin; editing by James Jukwey)
Keywords: CPC/EXPORTS
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