Middle East Economic Survey
CPC Exports For 2007 Total 32.6Mn Tons
The Caspian Pipeline Consortium (CPC) exported 32.6mn tons of crude through its Black Sea terminal near Novorossysk, the company said on 9 January. Using the ratio of 7.82 barrels per ton, total tonnage translates into an average export rate of 698,444 b/d for 2007. CPC said during 2007 it loaded 315 tankers and that exports rose by 4.8% over 2006. Exports averaged 670,388 b/d during December,...