According to CPC, repairing equipment at two mooring points will take a month each

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The Caspian Pipeline Consortium (CPC) said on Tuesday it would take a month, assuming good weather, to repair each of the two berths through which shipments at its Black Sea terminal have been suspended.

Oil exports via two of its three berths have been suspended due to damaged equipment, CPC said on Monday. The third mooring point operates in « intensive mode », the company added, and will be able to load up to 3.5 million tonnes of oil per month.

CPC said it was negotiating with shippers to change loading schedules to complete an inspection of the third mooring point by August 26. (Reporting by Reuters; editing by Kirsten Donovan)


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