Caspian CPC Crude August Exports to Be Stable, Final Plan Shows
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The Caspian Pipeline Consortium, operator of the only oil-export link in Russia that has shared foreign ownership, will keep daily crude exports from the Black Sea in August little changed from July, a final loading program obtained by Bloomberg News showed.
CPC will ship 2.87 million metric tons this month, compared with 2.89 million tons in July, according to the schedule. That’s equal to 719,226 barrels a day, compared with 724,490 barrels this month, the most since November 2010.