Highlights US company’s CPC crude shipments certified of Kazakh origin Industry seeks to maintain Kazakh shipments amid Russian boycotts CPC crude remains discounted on Ukraine fallout, shipping risk Kazakhstan’s CPC crude oil exports, loaded from Russian territory and totaling some 1.5 million b/d, remain “very important” to world markets amid bans on Russian crude, the Central Asian country’s top investor, Chevron, said March 21. Receive daily email alerts, subscriber notes & personalize your experience. Register Now In emailed comments, the California-based major said all its shipments of CPC crude from the Russian port of Novorossiisk were certified as being of Kazakh origin, and not Russian, amid boycotts of Russian oil by a number of countries in response to the invasion of Ukraine. Landlocked Kazakhstan has close ties to Russia and relies on a pipeline across southern Russia for the bulk of its oil exports — a major contributor to […]