CPC pipeline maintains normal oil transit in March, Transneft CEO says

Published: 2025-03-18 09:30:01 ET XOM

MOSCOW, March 18 (Reuters) - Oil flows via the Caspian Pipeline Consortium (CPC) pipeline in March continued as normal, with no drop in volumes, Russian oil pipeline monopoly Transneft CEO Nikolai Tokarev said on Tuesday.

On Monday, the CPC reported that it had transported 13.5 million metric tons of oil via the Tengiz-Novorossiisk pipeline system since the start of 2025, as of March 11.

A drone strike hit a pumping station on the pipeline in southern Russia in February, reducing flows of oil from Kazakhstan to world markets pumped by Western firms, including Chevron and Exxon Mobil.

(Reporting by Olesya Astakhova Writing by Maxim Rodionov Editing by Louise Heavens)