Major oil supplier calls for new export routes ...News

The Black Sea terminal from which Kazakh crude is shipped to the West has been ordered to suspend operations Kazakhstan must diversify its oil supply routes, President Kassym-Jomart Tokayev said on Thursday, after Russia halted transit via its part of a major pipeline, citing technical violations. Tokayev ordered the government to study the possibility of building a pipeline across the Caspian Sea that would bypass Russia in carrying Kazakh oil to Europe. A Russian court on Wednesday ordered a 30-day suspension of the operation of the Caspian Pipeline Consortium (CPC) terminal on the Black Sea, citing issues relat

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