In Q1, CPC increased oil exports by 5.6%

In Q1, CPC increased oil exports from the terminal of Yuzhnaya Ozereyka-2 in Novorossiysk by 5.6% to 7.69 million tons. In 2012, it declined export transporting by 3.8% to 30.6 million tons. Now CPC realizes the project for broadening of capacities from the current 35 million tons to 67 million tons. The work costing $5.4 billion should be completed in 2015, not in 2014 as it was announced before.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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