CommoditiesMedium•13 November 2026•
1 min read
Caspian Pipeline Consortium Exports Rise 6% in October
Key Facts
1The Caspian Pipeline Consortium increased oil and gas condensate exports via the Black Sea by 6% month-on-month in October.
2Total export volumes reached 6.6 million tonnes in October, with the increase occurring at the Novorossiysk terminal.
The Caspian Pipeline Consortium increased oil and gas condensate exports via the Black Sea by 6% month-on-month in October. Reuters reported that total export volumes reached 6.6 million tonnes during the month, with the growth driven by higher activity at the Novorossiysk terminal.
The rise in export volumes contributes to a broader rebound in regional energy supply. This increase in output from the Caspian Pipeline Consortium adds to the global oil surplus, which has exerted downward pressure on crude prices amid a well-supplied international market.