Kazakhstan: CPC pipeline shutdown poses serious economic threat

[Uncle Joe]

A consortium operating the pipeline that Kazakhstan uses to export the bulk of its oil has said the route may be largely unusable for up to two months because of infrastructure damage caused by a recent storm.

(snip)

Analysts cited by the Financial Times expressed some skepticism about the claims of storm damage, noting that none of the consortium’s Western partners, which include the majors Chevron and Exxon, who own 15 percent and 7 percent stakes, respectively, have been able to carry out their own inspections.

(snip)

Oleg Chervinsky, an energy journalist, told Eurasianet that one possibility was to redirect oil flows from the CPC pipeline to the northbound Atyrau-Samara pipeline into Russia. This would mean mixing high-quality Tengiz crude with the relatively impure Russian Urals blend, which currently trades at around two-thirds of the value of the Brent blend that is most commonly quoted on international markets.

(snip)

"Unfortunately, stopping shipments from the Novorossiysk terminal will lead to a decline in oil production in Kazakhstan, which will lead to a shortfall in revenue for exporters and a reduction in tax revenues further down the chain," he said.

https://eurasianet.org/kazakhstan-cpc-pipeline-shutdown-poses-serious-economic-threat

[Igel]

1. Kazakhstan rejected Russia's "offer" to have it send troops to help "denazify" Ukr.

Hurt an unfaithful ally while putting the "foes" over a barrel.

I think the Novorossiysk terminal should suffer some serious damage.

[RussBLib]

2. another ex-Soviet Socialist Republic

that never should have been a Soviet republic in the first place. Very different people.

They produce enough energy to support themselves, so should not be too entangled with the Russia situation.

Maybe Putin wants to reclaim Kazakhstan. They do have lots of oil and minerals.

[TexasTowelie]

3. And uranium.

My BIL nearly went there to run a mine. My sister told him that he decided to do that then don't bother returning home because she won't be there waiting for him.

I doubt that my BIL would have made a good fit for the job since he always seemed stressed and very intense even in more casual situations.