Oil Shipment from Caspian Pipeline Consortium’s Black Sea Terminal Drops by 4 Million Tons

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Oil shipments from the Caspian Pipeline Consortium (CPC) terminal on the Black Sea coast decreased by 4 million tons between January 1 and September 25, 2026, compared to the same period last year, totaling approximately 50 million tons.

Sea-news.az reports that 397 tankers were loaded at the terminal during the reporting period, compared to 453 tankers during the same period last year.

The decline in shipments is mainly attributed to drone attacks and a reduction in crude volumes supplied to the CPC system by Tengizchevroil during the first quarter of the year.

Additionally, prolonged threat warnings in the Novorossiysk region and unfavorable weather conditions increased the number of days when oil loading was unavailable, further impacting total transport volumes.

The CPC pipeline system, which handles more than 80 percent of Kazakhstan’s oil exports, has an annual throughput capacity of approximately 72.5 million tons from Kazakhstan and up to 83 million tons through Russian territory.

Oil transport via CPC grew by 12 percent in 2025, reaching 70.52 million tons.