Oil transshipment near the port of Novorossiysk has been completely stopped
Oil transshipment at the sea terminal of the Caspian Pipeline Consortium near Novorossiysk has been completely stopped.
Reception of oil from pipelines continues, but the tanks will last until the end of the day on March 24, the Russian media write. Also, according to the Russian media, loading was stopped as a result of equipment failure at the CPC terminal.
The repair may take about two months, and this will cause a drop in oil exports from the Russian Federation in the amount of about 1 million bpd.