Exxon to Load First Kashagan Oil From Black Sea CPC Terminal

Exxon Mobil Corp. will load the first cargo of Kashagan crude on Oct. 30 from the CPC Black Sea terminal, according to a loading program obtained by Bloomberg and two traders with knowledge of the project.

The 93,500 metric ton shipment will be shared between Exxon Mobil and Royal Dutch Shell Plc, according to the program. This will be the first time that crude from the Kashagan oil field in Kazakh waters is exported via the Caspian Pipeline Consortium terminal, the traders said, asking not to be identified because the information is confidential.