The Krasnodar Regional Court overturned the decision of the court of the previous instance to suspend the activities of the Caspian Pipeline Consortium (CPC) and replaced it with a fine of 200,000 rubles. The work of the consortium provides up to 80% of oil exports from Kazakhstan.

“Having considered the materials, having listened to the arguments of the parties, the court of appeal changed the decision of the district court,” the press service of the court said in a statement.

The CPC has already reacted to the court decision. The company noted that the enterprise operates on a continuous cycle, and an immediate stop could result in uncontrollable consequences up to the destruction of the entire complex.

An immediate suspension of activities can lead to irreversible consequences for the production process, the emergence and development of an unfavorable and uncontrollable process at a technical facility, including its destruction, since the technological requirements for oil transportation do not allow immediately and simultaneously stop production activities.

The Primorsky Court earlier decided to stop oil shipments through CPC and eliminate the identified environmental violations, the company filed an appeal against this decision. At the same time, since the beginning of March, CPC has been facing various problems that hinder stable supplies of Kazakh oil to international markets. In March, technical problems were reported that temporarily reduced the volume of supplies, in June, mines from the Second World War were found in the area of ​​\u200b\u200bshipping facilities, and in July, environmental violations . All three times, the responsibility for stopping supplies was assumed by the Russian side.

The pressure on the CPC arose against the background of the aggravation of relations between Kazakhstan and Russia. In the spring, Nur-Sultan announced that it would not help Russia circumvent Western sanctions, and at the recent St. Petersburg International Economic Forum (SPIEF), head of state Kassym-Jomart Tokayev refused to recognize the statehood of the LPR and DPR. After these statements, CPC again had problems with oil shipment.

CPC accounts for about 80% of oil exports from Kazakhstan. According to the international analytical agency Kpler, about 67% of Kazakhstani oil from the CPC is supplied to Europe, while the total share of Kazakhstan in the European oil market is estimated at 8%. Experts believe that Russia may use the CPC as an instrument of pressure on the EU. Against the backdrop of problems with the CPC, the President of Kazakhstan demanded to expand the capacity of oil supply routes alternative to CPC.