MOSCOW May 5 Russian and Kazakh oil exports via
the Caspian Pipeline Consortium (CPC) in April jumped 31 percent
from a year earlier as a result of expanded capacity.
Loadings carried from Kazakhstan's Caspian Sea oil deposits
to Russia's Black Sea port of Novorossiisk rose to 916,384
barrels per day (bpd) in April from 698,828 bpd a year earlier,
CPC said on Monday.
That was up from 837,682 bpd pumped in March.
CPC exports rose to 32.7 million tonnes in 2013 from 31.8
million a year earlier and plans call for further expansion of
the pipeline's capacity to 40 million tonnes this year.
Although it traverses Russia and was developed in
conjunction with the Russian government, the pipeline was the
first to give the Caspian Sea region and Kazakhstan a viable
alternative to more Russian-dominated northern export routes.
The CPC consortium involves Russian state-owned pipeline
monopoly Transneft, the state of Kazakhstan, U.S.
oil company Chevron and Russia's LUKOIL.
(Reporting by Vladimir Soldatkin; editing by Jason Neely)