Black Sea CPC Blend oil exports via the Caspian Pipeline Consortium (CPC) pipeline system are set to stay at 1.43 million barrels per day (bpd) in January, unchanged from the December plan, two sources familiar with the matter told Reuters.

Meanwhile, CPC Blend oil loadings in December may be below the planned 1.43 million bpd volume due to lower than planned output from Kazakhstan’s biggest oil field Tengiz, operated by U.S. major Chevron CVX.N, the sources said.

The CPC consortium doesn’t comment on monthly loadings.

Output from Tengiz remained 20% below its scheduled plan on average in December, helping Kazakhstan to comply with its OPEC+ output target, Reuters estimates based on Kazakh energy ministry data and analysis service SAC TEK showed.
Source: Reuters (Reporting by Reuters, Editing by Mark Potter)