China's largest state oil and gas group, CNPC, has reportedly resumed exports of oil via a pipeline from Kazakhstan to Russia's Black Sea after a brief halt. PetroChina's parent company joined the Caspian Pipeline Consortium led by US firm ChevronTexaco last year after the group built a pipeline linking its fields in Kazakhstan to the trunk line.
The Chinese firm normally exports one or two cargoes a month from Russia's Black Sea port of Novorossiisk.
CNPC's crude exports were suspended two weeks ago for an unknown reason.
The Caspian Pipeline Consortium exports around 350,000 barrels per day of Kazakh crude for re-export to the Mediterranean markets. (CRI April 1, 2004)
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