Nikolay Gorban, CPC General Director, inspected the Tengiz – Novorossiysk pipeline facilities in Russia

On July 7-13 Nikolay Gorban, CPC General Director, inspected the Tengiz – Novorossiysk pipeline facilities in Russia. CEO of the Consortium visited all 11 CPC’s pump stations in Russia – both operational and under construction as a part of Expansion Project – and conducted a walkover survey of Tank Farm and Shore Facilities on Marine Terminal in Yuzhnaya Ozereevka near Novorossiysk.

At the pump stations General Director was given a tour of the main and auxiliary equipment, administrative facilities and the shift camps.  Special attention was paid to the facilities scheduled for commissioning before the end of 2016 (A-PS-4A, A-PS-5A, PS-5, PS-8 and Tank Farm of Marine Terminal).

At the construction sites General Director met with Chernomortransneft Directorate and Chevron PMC as well as the construction contractors: Koksokhimmontazh, Transneftstroi, Velesstroi, Stroinovatsia etc., to discuss the construction status.

In the CPC Regional offices in Astrakhan, Krasnodar and Marine Terminal Nikolay Gorban held meetings with the Regional managers and engineers.  He emphasized that after the constriction completion the top priority should be given to having the new facilities properly integrated into the existing CPC pipeline system.

While travelling along the CPC pipeline system General Director had formal meetings with Alexander Zhilin, Governor of Astrakhan Oblast, Aleksei Orlov, Head of Kalmykia, Veniamin Kondratiev, Governor of Krasnodar Krai, Ivan Kovalev, First Deputy Chairman of Stavropol Krai Government and Vladimir Sinyagovsky, Novorossiysk Mayor.  The meetings were dedicated to the cooperation between the Consortium and the subjects of the Russian Federation after the CPC pipeline system reached the full design capacity.  Heads of the Regions stressed the high social responsibility of the Consortium, which, in addition to making tangible tax payments to the regional and local budgets and creating new jobs, had been consistently implementing major social programs in the field of public health, education, culture, sports etc.

For reference.

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.

The Expansion Project includes rehabilitation of 5 existing and construction of 10 additional pump stations (2 in the Republic of Kazakhstan and 8 in the Russian Federation), six new storage tanks (100,000 cu.m each) in addition to the existing four near Novorossiysk and a third SPM at the CPC Marine Terminal, and also the replacement of an 88 km pipeline section in Kazakhstan with a larger diameter pipe. The total amount of the Project investments will be US$ 5.4 billion.

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%.