Middle East Economic Survey
CPC Pipeline Transports Record 733,000 B/D In November
The Caspian Pipeline Consortium (CPC) on 2 December reported that shipments during November had averaged 733,000 b/d, a new all-time high for the pipeline, which has a design capacity of 560,000 b/d. Shipments during October 2005 averaged 630,000 b/d. Of the 733,000 b/d in crude shipments through the pipeline in November, some 120,000 b/d were of Russian origin. Burgeoning...