In May, export of oil through CPC grew by 12%

In May of 2014, the export of oil through he terminal of the Caspian pipeline consortium grew by 12.3% as compared with the same period of the previous year to 3.14 million tons. In January-May of 2014, this rate was 16.07 million tons that is by 22.2% more than in the previous year (13.5 million tons).

According to the OilNews, shareholders of CPC-R and CPC-K approved completion of operations at all facilities of the project of the CPC pipeline system extension opening in December of 2015.

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