Kazakh energy minister says CPC’s infrastructure sustained “significant” damage in recent attackThe damage inflicted on the single point mooring (SPM) of Caspian Pipeline Consortium (CPC) during a recent attack is “significant,” and the consortium is working to restore the SPM’s buoyancy, Kazakh Energy Minister Yerlan Akkenzhenov said Thursday.“At the moment, the consortium is working to restore the buoyancy [of the SPM]. Once buoyancy is restored, it will become clear whether it can be repaired or not. The damage is extensive — a breach measuring 3 meters by 2.5 meters. It’s a very large rupture,” Akkenzhenov told reporters in Astana.On the morning of November 29, an attack involving unmanned surface vessels damaged the Single Point Mooring unit SPM-2, owned by the Caspian Pipeline Consortium (CPC), at the port of Novorossiysk. The CPC, which has Russian, Kazakh, and American shareholders, was forced to reduce exports due to the damage to SPM-2.The Kazakh Energy Ministry said Kazakhstan would redirect oil exports via alternative routes. At the same time, the ministry noted that oil shipments through the Caspian Pipeline Consortium (CPC) were continuing without restrictions.Kazakhstan’s Foreign Ministry lodged a protest with Ukraine over what it described as another deliberate attack on CPC critical infrastructure.On December 10, the Energy Ministry reported that Kazakhstan would reroute part of Kashagan crude flows to ChinaThe CPC links oil fields in western Kazakhstan and Russian fields on the Caspian shelf to the maritime terminal in Novorossiysk. The route spans 1,511 kilometers and serves as the primary export channel for Kazakh oil, accounting for over 80% of the volumes pumped from Kazakhstan through the pipeline. The system has an annual capacity to transport approximately 72.5 million tonnes of oil from Kazakh territory and up to 83 million tonnes overall via Russia. In 2024, the consortium shipped 63.01 million tonnes through the system, with expected transportation volumes for 2025 projected to be around 72-74 million tonnes.The shareholders of the CPC are: the Russian Federation (31%, comprised of 24% managed by Transneft and 7% on its balance sheet); Kazakhstan (20.75%, represented by KazMunayGas at 19% and Kazakhstan Pipeline Ventures LLC at 1.75%); Chevron Caspian Pipeline Consortium Company (15%); LUKOIL International GmbH (12.5%); Mobil Caspian Pipeline Company (7.5%); Rosneft-Shell Caspian Ventures Limited (7.5%); BG Overseas Holding Limited (2%); Eni International N.A. N.V. (2%); and Oryx Caspian Pipeline LLC (1.75%). (ICE ALMATY)

Fonte notizia: INTERFAX