Ukraine sets three conditions for CPC ship safety, US official tells Bloomberg
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Ukraine sets three conditions for vessels to safely use the Caspian Pipeline Consortium terminal near Novorossiysk, a US official told Bloomberg. Ships must not be under Ukrainian sanctions, carry Russian oil, or be owned by Russian companies. Ukrainian contact points will coordinate safe passage with shippers, the official said.
The Three Conditions
Ukraine has specified three requirements for commercial vessels seeking safe passage at the CPC terminal. Ships must not be under Ukrainian sanctions, cannot carry Russian oil or other Russian cargo, and owners must not be Russian citizens or companies. The conditions emerged from US–Ukraine discussions and were reported by a US official to Bloomberg.
CPC Terminal's Role
The safety measures extend to the infrastructure of the Caspian Pipeline Consortium. The terminal near Novorossiysk handles 80% of Kazakhstan's oil exports. US companies are among the CPC's co-owners, giving Washington a direct stake in the facility's operation.
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