cpc blend crude

London 23 March Argus Loadings of Caspian CPC Blend were halted today following storm damage to offshore single point moorings SPMs at the Black Sea terminal where the crude is loaded. We highlight the top things to watch on this flagship grade.

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. Exports of CPC Blend which includes small volumes of Russian crude are scheduled at 152mn bd in April 3pc higher than this month. CPC Blend fair value determined on the basis of oil products. Loading at the sea terminal has been completely stopped Caspian Pipeline Consortium CPC general director Nikolai Gorban said.

If you have any questions please feel free to contact us. In 2008 CPC transported 315 million tons of crude down from 326 million tonnes in 2007. Of this amount 582 814 809 tons is oil from Kazakhstan and 85.

CPC Blend CIF Med Cargoes Platts vs. Crude CPC API 444 Location KAZAKHSTAN Sulphur 059 CRUDE YIELDS AND CHARACTERISTICS OF. CPC Blend was last assessed down 1135b on the day at Dated Brent minus 5835b on a CIF Augusta basis March 1.

March 28 2022 Argus Loadings of Caspian CPC Blend were halted today following storm damage to offshore single point moorings SPMs at the Black Sea terminal where the crude is loaded. Dated Brent Platts BALMO Futures - Quotes. Barrels of CPC crude oil per metric ton In the oil industry quantities of crude oil are often measured in metric tons.

From 2001 to April 31 2020 through the Tengiz-Novorossiysk pipeline system 662784671 tons of net oil were delivered to world markets. March 23 Reuters - Crude oil exports from Kazakhstans Caspian Pipeline Consortium CPC terminal on Russias Black Sea coast stopped fully on Wednesday after damage caused by a major storm and. Brent crude futures were up.

Crude oil transported in the common stream via the Caspian Pipeline Consortium pipeline system is called CPC Blend. At the International Oil and Gas Conference held in Astana in June 2017 Kairgeldy Kabyldin Deputy General Director RK Government Relations CPC-K noted. In 2021 CPC shipped 607 million tons of oil equivalent to roughly 510.

Market Specifications Trading Screen Product Name Crude Futures Trading Screen Hub Name CPC Blend CIF Contract Symbol JFI Contract Size 1000 barrels Unit of Trading Any multiple of 1000 barrels Currency. There were still several February cargoes. The prices of CPC Blend and Urals are currently becoming equal.

In the first three months of 2009 the pipeline transported 87 million tonnes of oil. Loading at the sea terminal has been completely stopped Caspian Pipeline Consortium CPC general director Nikolai Gorban said. As a general rule a crude oil grade with high sulfur content will have a lower value.

There is currently no quotes data for this product. Exports of Capsian light sour CPC Blend crude are set to recover next month following disruption to this months programme caused by storm damage at the grades Black Sea loading terminal. More than two-thirds of the countrys oil exports go through the CPC pipeline.

In respect of final settlement the Floating Price will be a price in USD and cents per barrel based on the average of the Mid quotations appearing in the Platts Crude Oil Marketwire under the heading Mediterranean spot crude assessments barrel subheading Black Sea and Spread vs fwd Dated Brent for CPC Blend CIF for each business day that both are. The model for determining its quality is a basket of reference crude oils comprised of 11 crude oil grades. 055 Sulfur is considered an undesirable contaminant because when burned it generates sulfur oxides.

MOSCOW Feb 7 Reuters - Urals crude differentials were unchanged while CPC Blend discount to dated Brent widened amid low demand for February cargoes. Traders are increasingly concerned that international sanctions could affect the loading of cargoes at the Black Sea ports. CPC Blend is exported by the Caspian Pipeline Consortium from the oil fields of western Kazakhstan where it is produced to Russias Black Sea port of Novorossiisk.

Oil prices rose in volatile trading on Wednesday supported by disruption to Russian and Kazakh crude exports via the CPC pipeline. The Kazakhstani grade was assessed at Dated Brent minus 750b April 28 2020. Some crude could be diverted for shipment through the Baku-Tbilisi-Ceyhan BTC pipeline or by pipeline to China as well as by rail.

Market data is delayed by at least. At the export terminal CPC Blend comprises approximately 90 crude from Kazakhstan and 10 that comes from fields in the Russian sector of the Caspian Sea which are operated by the Russian oil company Lukoil PJSC. The disruption in crude oil exports was the result of major storm damage and continuing bad weather.

CPC assesses every two weeks the value of certain quality crude oil delivered by Shippers into the CPC System and that lifted off the system. Means the blend of crude oil generally available at the CPC Terminal that complies with minimum specifications agreed by the Principal and STASCO pursuant to the Offtake Agreement. Typical exports outside Europe are 10 million-11 million barrelsmonth.

Last Updated 04 Jun 2022 120624 AM CT. European demand Europes demand weakens. A short summary of this paper.

CPC Blend has always been sold with a markup compared to the Urals. But spare capacity on alternative routes is limited. Light-sour CPC Blend loaded from Russias Novorossiysk port is a staple crude for European refiners with over 75 of its seaborne volumes delivered into the region last year.

CPC Blend has an API of 453 and a sulfur content of 056. The CPC pipeline transports between 12 million and 14 million barrels per day of crude oil. Gas to C4 wt.

Full PDF Package Download Full PDF Package. Download Full PDF Package. The preliminary May schedule puts exports at about 142mn bd next month up by 5pc from the revised April plan and closer to typical monthly levels.

CPC 792 bbl per MT. CPC Blend CIF Platts Future Download Description A cash settled future based on the Platts daily assessment price for CPC Blend CIF Crude Oil.

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