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Caspian Pipeline Consortium says it has completed installation of mooring point after Ukrainian attack

Caspian Pipeline Consortium says it has completed installation of mooring point after Ukrainian attack

- The Caspian Pipeline Consortium (CPC) said on Monday it has completed the installation, commissioning and trial operation of its single-point mooring 2.

Three SPMs - floating buoys located about 5 km (3.1 miles)from the Yuzhnaya Ozereevka CPC terminal near the Russian port of Novorossiysk - are used for offshore tanker loading. Usually two are active, with one as a backup.

SPM-2 has been offline since last November after suffering significant damage in a Ukrainian naval drone attack.


(Reporting by Reuters; Writing by Lucy Papachristou; editing by Vladimir Soldatkin)

((Lucy.Papachristou@thomsonreuters.com;))

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