Ukraine drone strikes on a crucial oil pipeline in south Russia coming – they may be knocking Kazakh produced oil out of transit with potential global repercussions?
Seven assault drones laden with explosives slammed the precision of Kazakh oil at CPC (Caspian Pipeline Consortium), Transport phenomenon in Moscow on Monday pumping station that pumps oil across Russian soil towards Black sea.
It has badly damaged operations and oil exports from Kazakhstan are likely to fall by a third to virtually shut over the next two months, Russia’s state-owned Transneft said in a statement on Tuesday following a major attack.
“As was said previously — the consequences from that blow will be washed away in one-and-a-half to two month period”, said Transneft statement on Tuesday reiterating a temporary suspension of exports
The 1,500-km pipeline that ships 80% of Kazakhstan oil exports is by Russia and his partners with a Western giant gas collab located in Western Europe, together with Russia (but not Western and ex-Western) energy Big FOUR – Chevron, ExxonMobil, Shell. Last year the pipeline delivered 63 mln tonnes of crude oil, with over three quarters under Western ownership.
Kazakhstan stands on the Russian infrastructure and is now trying to understand what economic damage occurred. (Xinhua) Kazakh Energy Ministry said “right now assessing all details on this.”
This was another of the Russian air strikes intended to cripple Moscow’s war effort, following a string aimed at energy infrastructure in Ukraine in the ongoing conflict. Ukraine has attacked refineries and depots in order to disrupt fuel supply to Russia hampering their war.
This attack highlights a growing threat of supply chain vulnerabilities in oil transportation, by Kazakhstan striving to diversify export corridors with implications to worldwide energy markets.