An oil terminal on the Caspian Sea pipeline is operating almost normally after a drone attack.

Chevron Corporation
Exxonmobil Holdings Corporation

Chevron Corporation

CVX

0.00

Exxonmobil Holdings Corporation

XOM

0.00

NUR-SULANT, July 18 (Reuters) - Kazakhstan's energy ministry said on Saturday that the infrastructure of the Union of Caspian Pipelines terminal off Russia's Black Sea coast was operating almost normally, following a drone attack on an oil tanker that damaged it the previous day.

The Energy Ministry said, "The technological infrastructure is functioning normally. The Caspian Pipeline Union is carrying out shipping and loading operations onto tankers according to the established schedule," adding that there is no threat to Kazakhstan's oil.

Sources told Reuters on Friday that the vessel that was attacked, the Suezmax-class Nordic Zenith, was chartered by the major US oil company ExxonMobil.

The union did not specify who was responsible for the incident. An Exxon spokesperson said the company does not discuss details of its shipping operations.


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.