Kazakhstan suspends oil exports via Black Sea after Ukrainian drone attacks

Kazakhstan suspended oil exports through the Black Sea after a series of attacks by Ukrainian drones on Russian “shadow fleet” tankers.

This was reported by hromadske with reference to Bloomberg.

Thus, the terminal of the Caspian Pipeline Consortium (CPC) near Novorossiysk has stopped accepting oil due to the fact that ship owners do not want to send tankers to the area after the recent attacks.

If the terminal cannot be restored by the end of this week, Kazakhstan will be forced to cut oil production. About 80% of the country’s oil exports pass through CPC, in particular, it refers to supplies within projects managed by Chevron, ExxonMobil and Shell.

According to Bloomberg, Kazakhstan is the second largest supplier of oil to Europe. Therefore, the reduction in exports can affect European oil refineries, which are currently trying to find a replacement for raw materials from the Persian Gulf.

The KTK terminal is located on the territory of Russia, but the oil exported through it is not subject to Western sanctions.

Earlier, the USM reported that 13 more ships of the “shadow fleet” were hit by UAV Forces — the number of operations reached 196.