A Russian court ordered the “temporary closure” on 6 July of the Novorossiysk oil terminal, which is key for exporting Kazakh oil.
According to information, a Russian court has temporarily shut down the Caspian Pipeline Consortium’s (CPC) oil terminal at Novorossiysk citing ‘environmental concerns’ in a closure that will last 30 days.
The CPC pipeline has been in the spotlight since Russia invaded Ukraine, which has restricted Russian exports and led to an oil price spike.
The United States has imposed sanctions on Russian oil but has said flows from Kazakhstan through Russia should run uninterrupted.
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According to a report seen by Reuters, oil loadings from CPC terminal were continuing as of midday on July 5, but it was not clear if operations were continuing on July 6.
CPC said on 6 July that Russian Deputy Prime Minister Viktoria Abramchenko ordered regulators, including industrial safety regulator Rostekhnadzor, to inspect the facilities of the Russian part of the consortium.
It said that the inspection has found some “documentary” irregularities on plans how to tackle oil spills. An oil spill occurred at the terminal last year.
