Transneft announced:
- Due to severe frosts in the north of Kazakhstan, power to 2 regions has been cut off, including an oil pumping station that supplies oil to the Transneft network.
- From 05:00 Moscow time pumping from Kazakhstan was halted until restoration of power lines.
- The power outage has affected shipments via the Atyrau-Samara pipeline.
- repair work is likely to take no more than 3 days, and Transneft does not plan to redirect flows via an alternative loading point;
- In general the disruptions were insignificant and may be compensated by the end of the month,
Transneft's transit of Kazakh oil averaged 329,998 b/d in 2020, up 1% on year, according to data released by the central dispatching unit of the Russian energy ministry Jan. 2.
Most of these volumes are sent to the Russian Baltic port of Ust-Luga, with some shipped via the Druzhba pipeline to Belarus and further into Europe.
Transneft also said that it expects to compensate for disruptions to oil loading into its network caused by cold weather in Siberia by the end of January.