The Caspian Pipeline Consortium (CPC), responsible for transporting over 1% of the world’s oil, announced on Saturday that it has suspended operations following significant damage to a mooring at its Black Sea terminal, which was targeted in a Ukrainian naval drone attack.
In a statement, CPC declared, “Further operation of mooring point 2 is not possible,” referring to one of the three essential pieces of equipment for exporting oil. The CPC primarily exports oil from Kazakhstan through Russia via the Black Sea terminal. Notably, the consortium’s shareholders include major U.S. oil companies Chevron and Exxon Mobil.
A trader reported to Reuters, “It’s not looking good – it was hit hard. They’re going to launch the third mooring point, which is under repair.” Fortunately, no staff or contractors of CPC were injured during the attack on the oil terminal, the consortium confirmed.
At the moment of the incident, the emergency protection system successfully shut down the affected pipelines, and preliminary assessments indicate that no oil has leaked into the Black Sea. CPC stated, “Shipments at the terminal will be carried out in accordance with established rules once the threats from unmanned boats and drones have been eliminated.”
The CPC’s operations are critical, not just for Kazakhstan but also for the global oil market. The incident highlights ongoing tensions in the region that continue to impact energy infrastructure.
Published on November 29, 2025.
