US Lifts Sanctions on Caspian Pipeline Consortium for Kazakh Oil

The United States has lifted sanctions on the Caspian Pipeline Consortium (CPC), the primary conduit used by Kazakhstan to export its oil to international markets. According to reports in the Kazakh media citing the US Office of Foreign Assets Control (OFAC), Washington has unblocked transactions related to the CPC as well as Kazakhstan’s largest oil … Continue reading US Lifts Sanctions on Caspian Pipeline Consortium for Kazakh Oil