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Kazmunaygaz says new mooring unit for CPC delivered, IFX reports

Interfax reported that Kazakhstan's state-owned energy company, Kazmunaygaz, has delivered a "new single point mooring" (SPM) for the consortium terminal of the Caspian Pipeline in the Black Sea.

For offshore tanker loading, three SPMs are used. These floating buoys are located approximately 5 km (3 miles) from the Yuzhnaya Ozereevka CPC Terminal near the Russian port of Novorossiysk. Two are usually active with one acting as a backup.

SPM-2 is still offline after sustaining?significant damage in an attack that occurred late November. CPC will replace mooring.

CPC is responsible for about 80% Kazakhstan's oil imports. Its 'operations' have been interrupted at different points during the 'war in Ukraine, by Ukrainian attacks on?pumping station in Russia and drone strikes near its loading terminal near Novorossiysk along Russian Black Sea coast.

The terminal is responsible for 80% of Kazakhstan's crude oil exports and 1.5% of the global oil supply. (Reporting and writing by Ksenia orlova, Maxim Rodionov, Editing by Emelia sithole-Matarise).

(source: Reuters)