24
Sat, Oct

Black Sea drone strike hits Chevron-chartered oil tanker

Black Sea drone strike hits Chevron-chartered oil tanker

World Maritime
Black Sea drone strike hits Chevron-chartered oil tanker

The Chevron-led Tengizchevroil oil company is the major exporter of CPC Blend oil sourced mainly from a giant Tengiz oil field it operates in Kazakhstan.

Yasa Polaris was built in 2022 and can carry about 160,000 tonnes of oil, according to LSEG data.

Ukraine has targeted the CPC oil terminal and vessels carrying oil in the Black Sea area several times since the start of the war in 2022. Last year, one of the single point moorings at the CPC terminal was heavily damaged in an attack.

CPC, which accounts for around 80 per cent of Kazakhstan's oil exports, plans to export about 1.6 million barrels per day of CPC Blend crude in July, down from around 1.7 million bpd planned for June after drone damage to a Russian gas facility meant output had to be reduced, two trading sources said.

(Reporting by Olesya Astakhova in Moscow and Ron Bousso in London. Editing by Mark Potter and Louise Heavens)

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