VOL. XLVII

No 07

16-February-2004

CASPIAN

CPC Pipeline Targets Shipments Totaling 480,000 B/D Of Liquids During 2004

Shipment of crude and condensate through the Caspian Pipeline Consortium (CPC) system should amount to 24mn tons (480,000 b/d) during 2004, according to CPC officials. The 1,500km pipeline, stretching from Kazakhstans Tengiz oilfield to Russias Black Sea port of Novorossysk, carried 14.78mn tons (295,000 b/d) of crude for export during 2003. Shipments during 2003 were supposed to...