CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

Head of CPC Took Part in an Expanded Meeting in Novorossiysk

On 17 February CPC General Director Nikolay Brunich took part in a field meeting chaired by Deputy Transport Minister of the Russian Federation V.A. Olersky, which was held in the administrative building of FGUP Rosmorport, Novorossiysk. The participants discussed, in particular, the subject of measures to be developed for unification and harmonization of departmental regulations related to the exercise of government and control functions in respect of oil tankers arriving at the CPC-R Marine Terminal for loading. The main purpose – without detriment to the Russian Federation state border security level, to reduce the time of oil tanker handling in the port of Novorossiysk.

In his speech N.G. Brunich touched on the issue of current process controls used by the Border Guards and Customs for oil tankers loading in the Marine Terminal sea area.

As an efficient step for improvement of transport situation in the sea ports of Russia, it was suggested to introduce simplified clearance methods for oil tankers handled at the Marine Terminal. Such methods include computerized data processing and transmission based on “single window” and documenting of oil tanker arrival without the government control authorities actually boarding a vessel when it arrives. Proposal was made for the government control authorities to exercise their control functions only once boarding an oil tanker upon completion of its loading and disconnection from the single point mooring. At that, they will reserve the right to cancel such decision in the event of detecting a risk stipulated by the risk management system.

The CPC-R Chief Executive also informed the meeting attendees about complete fulfillment of the Border Guards requirements related to the provision for the control authorities of video surveillance over oil tanker loading at the Marine Terminal.

In the course of the meeting the participants reached a certain comprise on the subject in hand and expressed hope for its earliest settlement.

CPC pipeline system is one of the largest investment projects in the energy industry with participation of foreign capital on the CIS territory. The length of the pipeline connecting the oil fields in Western Kazakhstan with the Marine Terminal near Novorossiysk is 1,511 km. CPC Marine Terminal is equipped with single point moorings which allow for safe tanker lifting at a considerable distance from the shore, also when the weather conditions are unfavorable.

CPC Shareholders: Russian Federation (represented by Transneft – 24% and CPC Company – 7 %) – 31%; Republic of Kazakhstan (represented by KazMunayGaz – 19% and Kazakhstan Pipeline Ventures LLC – 1.75%) – 20.75%; Chevron Caspian Pipeline Consortium Company - 15%, LUKARCO B.V. – 12.5%, Mobil Caspian Pipeline Company – 7.5%, Rosneft-Shell Caspian Ventures Limited – 7.5%, BG Overseas Holding Limited - 2%, Eni International N.A. N.V. - 2% и Oryx Caspian Pipeline LLC – 1.75%