CPC boosts August oil exports 22% to 6.29 million tonnes

September 14, 2026 at 04:25 PM2 min

This digest was compiled by AI from multiple sources — links to the originals are below.

The Caspian Pipeline Consortium (CPC) exported 6.29 million tonnes of oil in August 2026, a 22% increase from July's 5.17 million tonnes, according to Reuters sources. Kazakh oil shipments rose 25% to 5.7 million tonnes, while Russian volumes dipped 4% to 0.55 million tonnes. The rebound follows July drone attacks near the Black Sea terminal that repeatedly halted loadings.

Key Facts

CPC's August 2026 exports reached 6.29 million tonnes, up 22% from 5.17 million tonnes in July, according to Reuters sources.
Kazakh oil shipments through the CPC terminal rose to 5.7 million tonnes in August from 4.6 million tonnes in July, a 25% increase.
Russian oil deliveries via CPC fell to 0.55 million tonnes in August from 0.57 million tonnes in July, a 4% decline.
January–August 2026 CPC exports totaled 44.8 million tonnes, 8% below the 48.9 million tonnes shipped in the same period of 2025.
CPC plans to export about 1.5 million barrels per day in September, down from 1.6 million bpd in August, due to maintenance at the Karachaganak field.

August Export Recovery

The Caspian Pipeline Consortium increased oil exports by 22% in August 2026 to 6.29 million tonnes, or about 1.6 million barrels per day, according to two industry sources cited by Reuters. The growth was driven primarily by Kazakh crude, whose transshipment through the CPC terminal rose to 5.7 million tonnes from 4.6 million tonnes in July, a daily increase of about 25%. Russian oil deliveries through the pipeline declined slightly from 0.57 million tonnes in July to 0.55 million tonnes in August, a drop of roughly 4%. CPC itself does not comment on commercial operations.

Year-to-Date and September Outlook

Despite the August rebound, cumulative exports for January–August 2026 reached 44.8 million tonnes, compared with 48.9 million tonnes in the same period of 2025, an 8% decline. In September, CPC plans to export about 1.5 million barrels per day, down from 1.6 million barrels per day in August, due to maintenance at the Karachaganak field. The July decline was also affected by repeated suspensions of crude loading caused by drone attacks on tankers near the terminal in Yuzhnaya Ozereyevka near Novorossiysk. The CPC pipeline carries more than 80% of all Kazakh oil exports, with main volumes coming from the Tengiz, Kashagan, and Karachaganak fields.