On July 19, 2026, the Caspian Pipeline Consortium suspended oil loadings at its terminal in Novorossiysk after Ukrainian drones struck two tankers, the ASIA and the NISSOS IOS. One of the vessels caught fire.
The CPC moves roughly 80% of Kazakhstan’s crude exports through a 1,510-kilometer pipeline stretching from the Tengiz oil fields to the Black Sea port of Novorossiysk. In 2025, the pipeline transported approximately 63 million tons of Kazakh crude.
The scale of the damage
Kazakh losses from the drone attacks reached an estimated $1.5 billion in January 2026 alone.
Kazakhstan’s oil production dropped by roughly 6% in early December 2025 as pipeline disruptions rippled upstream to the fields themselves.
