CPC oil producers eye boost to flows via Russia from May

Kazakh oil producers, which export crude via the Caspian pipeline consortium (CPC), are seeking to divert flows to Russia’s Transneft from May in an attempt to minimize losses as CPC Blend margins and demand fall, five market sources said. Companies including Chevron’s Tengizchevroil, Karachaganak Petroleum Operating (KPO) and state-owned Kazmunaigaz (KMG) plan to redirect 4.5 […]

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