Latest News

Chevron tanker carrying CPC oil is hit by drones in the Black Sea

Two?industry?sources? said that a drone attacked Chevron's Yasa Polaris?tanker used for Caspian Pipeline Consortium's shipments off Russia's?Black?Sea coast on Wednesday. Chevron said on Monday that it was aware of a ship incident near the Caspian?Pipeline Consortium loading facilities in Russia's Black Sea Port of Novorossiysk. The crew was unharmed, and exports from Kazakhstan weren't affected.

Tengizchevroil, a company owned by Chevron and operating in Kazakhstan, is the largest exporter of CPC Blend Oil. It sources its oil from a massive Tengiz oilfield.

According to LSEG, Yasa Polaris was built in 2022. It is a tanker capable of carrying?160,000 metric tonnes of?oil. The vessel is owned by Yasa Holding, registered in Turkey. The shipmanager didn't immediately respond to a request for comment.

Since the beginning of the conflict in 2022, Ukraine has repeatedly targeted the CPC Oil Terminal and vessels transporting?oil to the Black Sea region. Last year, one of the single-point moorings on 'the CPC terminal' was heavily damaged by an attack.

Two trading sources say the Caspian Pipeline Consortium will export 1.6 million barrels of CPC Blend crude per day in July. This is down from 1.7 million barrels planned for June due to drone damage at a Russian gas facility. Reporting by Olesya Almakhova in Moscow, and Ron Bousso from London. Mark Potter and Louise Heavens edited the article.

(source: Reuters)