Moscow, July 31. American company Chevron, which is a shareholder of…
Moscow, July 31. American company Chevron, which is a shareholder of KTK, is discussing with the governments of the USA, Kazakhstan, and Caspian region countries guarantees for the uninterrupted operation of the consortium, said Mike Virt, the company's head.
Consensus
- Chevron is discussing guarantees for uninterrupted operation of the Caspian Pipeline Consortium with the governments of the United States, Kazakhstan, and regional countries.
- The Caspian Pipeline Consortium halted oil loading on July 30 due to drone strikes on tankers in Novorossijsk.
- Chevron is a shareholder in the KTC.
- All participants in the KTC and relevant governments aim to preserve the project's operation.
- A prolonged shutdown of the KTC is considered unlikely.
- Chevron could theoretically redirect some production via the Caspian Sea or rail, but KTC remains the main export route.
Points of divergence
- Chevron is the largest shipper but not the only one in the KTC. — kommersant
- Other shareholders in KTC include Russia, Kazakhstan, and entities linked to Lukoil, ExxonMobil, Rosneft, and Shell. — kommersant
- The head of Chevron is referred to as 'Vait' instead of 'Virt'. — vesti
Coverage (2 sources)
- Chevron discusses guarantees for the operation of the KTC with the authorities of the United States and Kazakhstan — Коммерсантъ
- American Chevron discusses with partners guarantees of KTK operation — Вести