The Caspian Pipeline Consortium or CPC. From 2001 to April 31 2020 through the Tengiz - Novorossiysk pipeline system 662784671 tons of net oil were delivered to world markets.
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Market Specifications Trading Screen Product Name Crude Diff Futures Trading Screen Hub Name CPC Blend CIF PlattsDated Brent Platts Contract Symbol DCR Contract Size 1000 barrels Unit of Trading Any multiple of 1000 barrels Currency.
. CPC Blend CIF Platts Future Download Description A cash settled future based on the Platts daily assessment price for CPC Blend CIF Crude Oil. In the first three months of 2009 the pipeline transported 87 million tonnes of oil. We highlight the top things to watch on this flagship grade.
-18 Maximum Pour Point. Siberian Light sulfur. The model for determining its quality is a basket of reference crude oils comprised of 11 crude oil grades.
CPC Blend is a naphtha-rich crude valued as a petrochemical feedstock and toward the end of 2021 achieved price premiums to Dated Brent of nearly 4b on a CIF basis. The CPC transports crude oil through the CPC pipeline that is predominantly of Kazakh origin and that is marketed and loaded with a certificate of origin verifying that the crude is of Kazakh origin. 5 Minimum Pour Point.
Azeri Light sulfur. This type of crude is often referred to as a sour crude. In 2008 CPC transported 315 million tons of crude down from 326 million tonnes in 2007.
CPC planed to increase CPC Blend oil exports in 2020 to 14 million barrels per day due to rising output from Kazakhstans oilfields as. Stay up to date with the probabilities of certain outcomes of the next OPEC meeting using NYMEX WTI Crude Oil option prices. Any crude oil that is primarily of Russian Federation origin is marketed and loaded separately and certified as Russian origin.
402 Total Wax wt. English Edition English Edition हनद. Exports of CPC Blend which includes small volumes of Russian crude are scheduled at 152mn bd in April 3pc higher than this month.
Property Minimum typical Maximum. This would mean mixing high-quality Tengiz crude. 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.
Description A cash settled future based on the difference between Platts Dated Brent and Platts CPC Blend CIF. The CPC pipeline transports between 12 million and 14 million barrels per day of crude oil. 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.
Thus a change in the quality indicators values improvement or worsening receives its appreciation in monetary terms. 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. Loading at the sea terminal has been completely stopped Caspian Pipeline Consortium CPC general director Nikolai Gorban said.
Saharan Blend 2 days. Cloud Points are calculated in accordance with Chapter 7 of EI Hydrocarbon Management Paper HM40. CPC Blend Latest Assay Date.
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. The disruption in crude oil exports was the result of major storm damage and continuing bad weather. CPC Blend has an API of 453 and a sulfur content of 056.
Typical exports outside Europe are 10 million-11 million barrelsmonth. 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. 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.
Crude Oil from New Caspian Fields Did Not Degrade CPC Blend Crude oil from new fields - Kashagan and Filanovsky - which started coming to CPC pipeline system in late 2016 has had no significant impact on CPC Blend quality. RVP psig--Gas to C 4 wt-Total Wax wt-Pour Point c-41-Cloud Point c--H 2 S in Oil Phase ppm-Benzene wt-H 2 S in Vapour. Some crude could be diverted for shipment through the Baku-Tbilisi-Ceyhan BTC pipeline or by pipeline to China as well as by rail.
European demand Europes demand weakens. But spare capacity on alternative routes is limited. Use this calendar to find relevant product dates and CME Group holiday hours.
As a general rule a crude oil grade with high sulfur content will have a lower value. CME OPEC Watch Tool. 03282022 - NEWS 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.
The received crude oil fully meets the specifications stated by the Producers. 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. 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.
Crude oil transported in the common stream via the Caspian Pipeline Consortium pipeline system is called CPC Blend. 21 Maximum Cloud Point. Gas to C4 wt.
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