Russia denies plans to target U.S. interests in Caspian pipeline

Investing.com -- Russia is not seeking to undermine U.S. business interests in the Caspian Pipeline Consortium, Kremlin spokesman Dmitry Peskov said Friday.

Peskov addressed comments made by several Russian experts, including on state television, suggesting Russia should ban oil supplies via the CPC from Kazakhstan in response to Washington's sanctions against Russia.

The CPC, in which U.S. oil majors Chevron and ExxonMobil are large shareholders, exports oil from a Russian terminal on the Black Sea.

"In addition to American partners, there are also our Kazakh partners involved, and Russia remains a reliable guarantor of global energy security, despite everything," Peskov told reporters during a daily conference call.

The CPC terminal is located near Russia's Black Sea port of Novorossiysk. Ukrainian drones have targeted the terminal, forcing the consortium to scale back operations due to the attacks.

Peskov accused Ukraine of "energy blackmail" over the strikes, which he said were causing Russian, U.S. and Kazakh companies to suffer.

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