Kazakh CPC Black Sea crude exports face major disruption over storm damage: operator

Loadings of Kazakhstan’s CPC crude from the Russian port of Novorossiisk risk being reduced due to storm damage to two of the three offshore loading points, with repairs potentially taking an “extended period,” the facilities operator said March 22. In a statement, the Caspian Pipeline Consortium said it anticipated potential difficulty obtaining parts for the repair due to “current market…