MOSCOW, February 26. /TASS/. Caspian Pipeline Consortium (CPC) has loaded 9.8 mln tons of oil from its marine terminal near Novorossiysk for export since the beginning of 2025, the company said in a statement.

"As of February 23, this year, CPC Marine Terminal loaded 9.8 million tons of CPC Blend on 89 tankers," the statement reads.

Loading by CPC from its marine terminal near Novorossiysk for export slipped by 0.7% in 2024 to 63.01 mln tons of oil. In the previous year loading reached a record of 63.47 mln tons of oil.

Currently the pipeline system of the consortium is able to transport around 72.5 mln tons of oil per year from Kazakh territory and up to 83 mln tons of oil per year through Russia. The largest volumes of oil were transported to the CPC pipeline system in 2024 from Kazakh fields Tengiz, Karachaganak, and Kashagan in the amount of 26.82 mln tons, 9.82 mln tons, and 17.21 mln tons, respectively.

Revenues from oil transportation through the system amounted to $2.3 bln in 2024, with $1.3 bln paid in dividends, CPC said.

CPC is the pipeline system connecting Kazakhstan with a seaport in Novorossiysk area, where tankers are loaded with oil for the supply to global markets. The 1,511 km long pipeline links oilfields in the West Kazakhstan with the marine terminal in Novorossiysk. Among CPC shareholders are Russia (via Transneft), Kazakhstan (via KazMunayGas), structures of Chevron, Lukoil, ExxonMobil, a joint venture of Rosneft and Shell.