The timing of the incident, in Yushkov’s words, is “very unfortunate.” – Caspian Pipeline Consortium (CPC)

Caspian Pipeline Consortium (CPC) – one of the world’s key pipelines – was forced to suspend the operation of one of the remote mooring devices at its Marine Terminal near Novorossiysk due to “critical” storm-caused damage to the equipment.

Oops and Hmm…


“If damages are confirmed – it will take about 1.5-2 months. This is a rather serious timeframe and we see the risk of about 1 mln barrels per day may go out. Certainly, we would like that the recovery takes place as soon as possible and consequences are closed out, because this affects Russian companies, this affects in particular on production of Russian companies in the region. Therefore, we will endeavor to rectify these potentially serious consequences,” the official said.

Source: CPC terminal repair may lead to export drop by 1 mln barrels of oil per day — Ministry – Business & Economy – TASS

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A survivor of six heart attacks and a brain tumor, a grumpy bear of a man, whom has declared Russia as his new and wonderful home. His wife is a true Russian Sweet Pea of a girl and she puts up with this bear of a guy and keeps him in line. Thank God for my Sweet Pea and Russia.