MOSCOW, March 4 (Reuters) - Kazakhstan plans to increase its oil exports through the Caspian Pipeline Consortium (CPC) pipeline to 6.7 million metric tons in March, from 5.4 million tons in February, Kazakhstan's Energy Ministry told Reuters in a written response to questions.

The proposed amount is equivalent to about 1.71 million barrels of oil per day (bpd).

On a daily basis, oil supplies from Kazakhstan's oil fields to the pipeline are expected to rise 12% from February, according to Reuters calculations. March is three days longer than February this year.

Kazakhstan's average daily oil and condensate output in February was 287,000 metric tons per day, or 2.15 million bpd, including 118,000 tons (about 0.9 million bpd) per day produced on the giant Tengiz field operated by Chevron-led Tengizchevroil, according to the Energy Ministry.

The CPC pipeline also carries oil from Russian fields. The export plan including Russia's oil exports was seen at 6 million tons in February, around 1.69 million bpd.

Reuters uses a tons-to-barrels ratio of 7.91 for CPC Blend. For Kazakhstan's total oil and condensate output the ratio is 7.5.

It is not clear if Russian oil supplies to the CPC pipeline will continue in March following an attack on the Kropotkinskaya station. Russia previously said CPC could reduce flows by 30-40% following the attack.

Kazakhstan's Energy Ministry told Reuters that oil exports via the CPC pipeline and the Black Sea terminal had not been interrupted and were in line with the schedules. It added that there were no plans to redirect CPC oil flows elsewhere.

The Caspian pipeline, which carries more than 1% of daily global supply, stretches more than 1,500 km (939 miles) and is a main route for Kazakh oil exports.

Shareholders in the CPC include U.S. majors Chevron (CVX.N) , opens new tab and Exxon Mobil (XOM.N) , opens new tab, as well as the Russian state, Russian firm Lukoil (LKOH.MM) , opens new tab, and Kazakh state company KazMunayGas.

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https://www.reuters.com/business/energy/kazakhstan-plans-12-increase-caspian-cpc-oil-exports-march-energy-ministry-says-2025-03-04/