Kazakhstan will re-route some of its export oil to a pipeline in Azerbaijan as the Caspian Pipeline Consortium channel remains at risk of further suspensions, Reuters has reported , citing unnamed sources familiar with the matter. In July this year, a Russian court ordered the suspension of oil flows along the CPC on the ground of environmental violation: a spill that occurred during the loading of a Greek-flagged tanker last year at the port of Novorossiysk. The company attributed the accident to equipment problems. That court’s decision was overturned by a higher court, and flows via the CPC were started, but according to the Reuters report, the Kazakh state sees it as a vulnerability. The Caspian Pipeline Consortium is the world’s largest international oil transportation project involving Russian and Kazakh companies for the transportation of crude oil from Kazakh and Russian fields to the port of Novorossiysk on the […]