Romania’s oil supplies at risk after Kazakhstan suspends shipments through Novorossiysk CPC terminal

23 July 2026 Following attacks on tankers while they were loading Kazakh oil at the Caspian Pipeline Consortium (CPC) terminal in the Russian port of Novorossiysk on the Black Sea, Astana “is forced to stop” pumping oil through the pipeline to the CPC terminal and will no longer deliver via the Black Sea, according to Bloomberg. Kazakhstan delivers just over 50% of the crude oil refined in Romania, with under 30% coming from local resources and the rest of some 20% coming from Azerbaijan and Iraq. The government of Romania will “seek solutions if Kazakhstan's decision to halt crude oil transport through the CPC pipeline, amid the security situation in the Black Sea, will have a major impact on fuel prices,” interim economy minister Irineu Darău commented on Wednesday, July 22, as reported