On 29 August 2016 Caspian Pipeline Consortium made a present of 24 modern buses to the schoolchildren of the Krasnodar Krai. Delivery took place under the CPC Charity Program and was timed to coincide with the ceremony of handing over motor vehicles to the Kuban educational institutions in the lead-up to the regional teachers council.
The event was attended by Krasnodar Krai Governor Veniamin Kondratiev, CPC-R Deputy General Director for RF Government Relations Mikhail Grishankov and heads of the educational institutions – recipients of new vehicles.
The Consortium-procured school buses costing over RUR 53 million were dispatched to the Kavkazsky, Dinsky and Krymsky Districts. Each bus accommodates 21 passengers and has all necessary equipment for comfortable and safe travel. The seats have individual safety belts and driver contact, flooring is anti-slip, engine is blocked if doors are not fully closed. Besides, the buses are equipped with the GLONASS system, air conditioners and other state-of-the-art technical facilities.
- The Consortium Management is united with the Krasnodar Krai Administration in its aspiration to provide the most comfortable conditions for the schoolchildren of Kuban, – noted CPC-R Deputy General Director for RF Government Relations Mikhail Grishankov. – Now, the children can be as much mobile and active as possible in their school life – they will participate in educational, cultural and sport events in their native districts and outside. I hope that through such travel the schoolchildren will acquire not only new knowledge and experience, but new friends as well.
Over the time of the Company and Krasnodar Krai cooperation, CPC-R has invested more than RUR 1.2 billion in the regional social sphere. This year, it is planned to contribute over RUR 160 million to the Krasnodar Krai social projects implementation, further RUR 290 million will be invested under the Expansion Project.
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%.
Photographs provided by the Ministry of Education, Science and Youth Policy of Krasnodar Krai.