NewVision upstream

News Digest (www.upstreamonline.com)

The Caspian Pipeline Consortium (CPC) has confirmed that loadings at its terminal near Novorossiysk continue normally, despite a weekend incident where the Greek-flagged tanker Maran Homer was struck by an "unknown object," reported as a drone, while approaching Russian territorial waters to load Kazakh crude. The vessel, which was in ballast and awaiting mooring instructions at an offshore loading buoy, sustained only minor damage with no injuries to the crew.

Critical Export Route

The CPC pipeline is a vital conduit for Kazakhstan's oil exports, handling over 80% of the country's total—equivalent to more than 1% of global supply. It transports light, high-quality oil from Kazakhstan's major fields (Tengiz, Kashagan, and Karachaganak) to European markets via the Novorossiysk terminal.

Operational and Security Context

Shipments from the terminal have proceeded in recent days, contingent on weather conditions and official air/sea alerts. Standard protocol suspends loading during security alerts until authorities declare the danger has passed. Ukraine has previously targeted CPC infrastructure, including onshore pumping stations, offshore loading facilities, and tankers, as well as a separate oil export terminal within Novorossiysk port, aiming to disrupt operations. No statement from Kyiv has been issued regarding this specific attack.

Aftermath and Status

Kazakhstan's Energy Ministry confirmed no loss of Kazakh oil resulted from the incident. Following the attack, the Maran Homer turned back and was tracked nearing Turkey's Black Sea coast close to the Bosphorus Strait.

16 March 2026



This material is an AI-assisted summary based on publicly available sources and may contain inaccuracies. For the original and full details, please refer to the source link. Based on materials by Vladimir Afanasiev. All rights to the original text and images remain with their respective rights holders.

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