Long-term outlook for the network to maintain the shipping rate for Kazakh major oil developments remains in doubt

Kazakhstan has pumped record high oil volumes despite damage on its main export route via Russia, the Caspian Pipeline Consortium (CPC), industry sources said on Thursday.

Kazakhstan’s oil exports could be cut by as much as 30% for up to two months following the February 17 Ukrainian drone strike on a key pipeline pumping station, Russia’s state pipeline operator Transneft said on February 18.