finance
Caspian Pipeline Consortium Suspends Oil Loadings After Tanker Attack
The Caspian Pipeline Consortium halted oil loadings for a second time on July 20 after another tanker came under attack. Operations had briefly resumed before the latest incident forced another suspension.
Jul 20, 3:53 AM·1m read4 sources
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The Caspian Pipeline Consortium suspended oil loadings again on July 20 after a second tanker attack in the same day. Operations had resumed for a short period following an earlier incident before the new strike prompted the renewed halt.
The consortium operates a major export route carrying crude from the Caspian region to the Black Sea. The repeated interruptions affect scheduled tanker movements and downstream deliveries.
No timetable for resumption has been announced.
The consortium has not released details on the nature of the attacks or any damage sustained.
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