Kazakhstan has reduced its daily oil and gas condensate production by 50% following a temporary suspension of loading operations at the Novorossiysk terminal of the Caspian Pipeline Consortium (CPC).
The decision comes after Ukrainian forces struck the Russian Black Sea port, disrupting one of the primary export routes for Central Asian crude.
The production cut underscores the vulnerability of Kazakhstan’s energy exports to geopolitical instability in the Black Sea region.
With the CPC pipeline serving as the main artery for Kazakh oil to reach global markets, any disruption at the Novorossiysk terminal directly impacts supply flows.
The temporary halt in loading operations forced producers to scale back output to avoid inventory build-up, a move that could tighten global supply if the disruption persists.
This development adds to the ongoing shipping risk in the Black Sea, where both sides have targeted critical infrastructure.