Middle East Economic Survey
VOL. XLIX
No 3
16-January-2006
CASPIAN
CPC Pipeline Reports Drop In December Crude Oil Transport From November Record
The Caspian Pipeline Consortium (CPC) says shipments during December 2005 averaged 657,675 b/d (2.6mn tons), a decline from the record throughput of 733,000 b/d for November last year. Despite the obvious need for the 1,580km pipeline to be expanded in light of burgeoning production in the Caspian region, there is no sign of Russia, the lead shareholder,...
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