Caspian CPC Crude November Exports to Rise 18%, Final Plan Shows
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The Caspian Pipeline Consortium, which operates the only oil export link in Russia with foreign shareholders, will increase daily crude exports from the Black Sea in November by 18 percent from October, a final loading program obtained by Bloomberg News showed.
The group, known as CPC, will ship 2.6 million metric tons compared with 2.3 million tons in October, according to the schedule. That’s equal to 678,321 barrels a day, up from 576,985 barrels last month.