CPC Has Proceeded to Process Risk Analysis by conducting a HAZOP Study. The necessity of conducting the study is caused by completion of the CPC Expansion Project and commissioning of new pump stations (PS).
This is an 8-year program. At the first stage the new PSs constructed as part of CPC Expansion Project and the Consortium’s Marine Terminal Tank Farm will become the study subjects. The Consortium’s other PSs will be the study subject at the second stage.
HAZOP includes in-depth review of the process system operability and is aimed at identification of potential deviations from the project objectives, expert review of their possible causes and assessment of their consequences.
This highly efficient method was developed in the 1960s by Imperial Chemical Industries from the UK. Since 2016 CPC has been actively applying this method of risk assessment.
The main objective of applying the method is to enhance the process safety of the Consortium’s facilities at all stages of project implementation.
FYI:
A hazard and operability study (HAZOP) is a structured and systematic examination of a planned or existing process or operation in order to identify and evaluate problems that may present risks to personnel or equipment, or hinder efficient performance.
About CPC:
The CPC pipeline system is one of the largest investment projects with foreign capital in the energy sector in the CIS. The length of the pipeline connecting oil fields in Western Kazakhstan with the Marine Terminal in Novorossiysk is 1,511 km. CPC’s Marine Terminal is equipped with Single Point Moorings that allow to load tankers safely at a significant distance offshore, including bad weather conditions.
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% and Oryx Caspian Pipeline LLC – 1.75%.