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CPC December Export Program Set at 2.57 Million Tons - Trade

Date : 11/13/2012 @ 6:11PM
Source : Dow Jones News
Stock : Chevron Corp. (CVX)
Quote : 120.3  1.6 (1.35%) @ 1:42PM
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CPC December Export Program Set at 2.57 Million Tons - Trade

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   By Konstantin Rozhnov 

LONDON--Crude oil exports through the Caspian Pipeline Consortium, or CPC, are scheduled at 2.57 million metric tons in December, compared with 2.53 million tons in November, according to a provisional loading program seen by Dow Jones Newswires Tuesday.

The December preliminary loading schedule of CPC Blend comprises 23 cargoes.

CPC is led by Chevron Corp. (CVX), and includes Russia's OAO Lukoil Holdings (LKOH.RS) and OAO Transneft (TRNFP.RS), Exxon Mobil Corp. (XOM), Kazakhstan's KazMunaiGas, Italy's Eni SpA (E) and Royal Dutch Shell PLC (RDSA).

The group mainly pumps oil from Kazakhstan to the Black Sea. Russian oil is also shipped through this pipeline to the Black Sea.

Write to Konstantin Rozhnov at konstantin.rozhnov@dowjones.com

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