About 550,000 barrels a day of Russian crude are shipped from Novorossiysk. Around 2 1/2 times as much, mostly from Kazakhstan, flows via CPC.

Weekly flows are always variable driven in part by the number of Kazakh cargoes loaded at the port

Russia’s commodity export hub of Novorossiysk in the Black Sea was closed for several hours on Friday after a Ukrainian drone attack on a naval vessel, the first time that operations at the key shipment point for oil and grains have been disrupted by the war.

• Novorossiysk also ships oil, coal and fertilizer
• Nearby is the export terminal for the Caspian Pipeline Consortium, which loads tankers with about 1.3 million barrels a day of crude from fields in both Russia and Kazakhstan.

The latter country has become a crucial sources of oil for Europe after it banned imports from Russia.

The Novorossiysk terminal is part of the Caspian Pipeline Consortium (CPC) which sends oil from western Kazakhstan via its pipeline to the Black Sea port. It is part-owned by the Russian state – Transneft has a 24% stake in the project, according to the CPC website.¹⁾