Caspian Pipeline reduces global oil shipments due to new issues with marine offloading buoys

No immediate solution to new technical issues in sight while Russia remains under Western sanctions

Thin connection: a tanker and loading buoy at the Caspian Pipeline Consortium loading terminal at Novorossiysk — Thin connection: a tanker and loading buoy at the Caspian Pipeline Consortium loading terminal at NovorossiyskPhoto: CASPIAN PIPELINE CONSORTIUM

Vladimir Afanasiev

Published 22 August 2022, 13:47Updated 24 August 2022, 14:05

Ukraine Crisis Caspian Pipeline Consortium Kazakhstan Russia Transneft