Lukoil ups CPC Blend supplies

摘要

Exports of Caspian light sour CPC Blend crude by Rosneft and Lukoil increased by 8pc to 162,000 b/d (7.4mn t) in 2019, driven by higher shipments from Lukoil. Lukoil increased deliveries to the Caspian Pipeline Consortium (CPC) system by 9pc to 5.3mn t last year. But it may reduce CPC Blend supplies in 2020, instead diverting its crude to the 1mn b/d BTC pipeline.