Caspian CPC Feb oil exports fall 6 pct vs Jan

Mon Mar 3, 2008 11:15am EST
 
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MOSCOW, March 3 (Reuters) - Kazakh and Russian oil exports via the Caspian Pipeline Consortium to the Black Sea fell in February by 6.1 percent to 604,517 barrels per day from 643,998 bpd in January, the consortium said.

It gave no reason for the decrease.

The pipeline group is led by U.S. major Chevron (CVX.N) and includes Russian pipeline company Transneft (TRNF_p.RTS), ExxonMobil (XOM.N), Royal Dutch Shell (RDSa.L), LUKOIL (LKOH.MM) and BP (BP.L).

The group exports oil CPC-E from a terminal near the Russian port of Novorossiisk. Russian companies such as Rosneft (ROSN.MM), Surgutneftegas (SNGS.MM) and TNK-BP (TNBPI.RTS) also ship crude via CPC.

In 2007, CPC exported 32.6 million tonnes of oil, up from 31.1 million tonnes in 2006.

(Note - CPC uses an average ratio of 7.82 to convert tonnes into barrels).

To read a story on Russian oil production and exports in February, please click on [ID:nN02294693].

To see a table of Russia's oil production and exports in February, click on [ID:nL03341506].

To see a table of Russia's gas production in February, click on [ID:nL03484372].

To see a table of Russia's seaborne exports in February, click on [ID:nL03486245].

For key Russian statistical oil reports [O/RUS1]

For key Russian oil data <OILSTAT/RU> (Editing by Anthony Barker)

 

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