Kazakhstan Reopens Key Oil Exports After Drone Attacks Disrupt Black Sea Terminal

Kazakhstan has restored its key oil exports after a series of drone attacks disrupted operations at its Black Sea terminal, the Caspian Pipeline Consortium (CPC).

The CPC pipeline is the country's principal export route for crude oil, transporting at least 60 million tonnes of oil each year and accounting for around 80 per cent of Kazakhstan's total crude exports.

Loading operations were suspended after drones targeted vessels in the waters near the CPC terminal on July 23, leading to lower oil production. The Ministry of Energy announced that two tankers, Seamajesty and Milos, are currently loading crude supplied by Tengizchevroil at the terminal's offshore mooring facilities.

The resumption is significant for Kazakhstan as it enables oil producers to resume deliveries into the CPC pipeline system and restore export shipments. The Ministry of Energy said that operations will continue in line with security assessments and operational safety requirements.