In July 2017, 42 tankers were loaded with 4,465,645 tons (35,334,506 barrels) of crude oil at the consortiums’ Marine Terminal (Yuzhnaya Ozereevka village, Krasnodar Krai) what is 700,002 tons more than in July of 23016.
Year to date, the gross load of exported crude oil is 31.7 million tons, what is 6.1 million tons higher than in the same period of 2016. With that said, the consortium exported over 28.7 million tons of crude oil from the Kazakh shippers and over 3 million tons of crude oil from the Russian shippers.
FYI, in March 2017 the consortium exported the biggest volume of crude oil at the Marine Terminal – 4,929,486 tons (38,990,365 barrels).
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 Tengiz-Novorossiysk pipeline is 1,511 km; more than two thirds of all export crude oil from Kazakhstan and crude oil from the Russian fields, including those in the Caspian Region, are transported by this route. CPC Marine Terminal is equipped with three Single Point Moorings (SPM) that allow to load tankers safely at a significant distance offshore, also amid poor 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%.