CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

CPC Management and Republic of Kalmykia Leadership Summarized the Results of Schoolchildren Competition

A ceremony to summarize the results of a creative competition  among the schoolchildren was held on October 24, 2017 in Kalmykia, the competition being arranged as part of the Caspian Pipeline Consortium’s environmental and education project “Let’s Save Our Country’s Environment!”. Kalmykia Head Alexey Orlov and CPC General Director Nikolay Gorban awarded the winners in the building of the Republic Government.
 
Since 2014, Caspian Pipeline Consortium has been implementing a long-term environmental project “Let’s Save Our Country’s Environment!” in all Regions of its operation. In 2016-2017, as part of the project on Kalmykia territory, a target-oriented aid was provided to teh State Black Lands Biosphere Reserve, and a large-scale environmental and education program was conducted for the Republic schoolchildren and citizens. Community cleanup days were arranged in Iki-Burulsky and Chernozemelsky Districts to plant trees in the parks and on the territories of social facilities. In total over two years in Kalmykia alone CPC allocated about 9.5 M Rubles for implementation of that environmental project.
 
On that day not only the shoolchildren-competition winners received valuable gifts. CPC General Director Nikolay Gorban handed over to Bataar Ubushayev, Black Lands Reserve Director, the keys to MTZ-82.1 tractor with special attached equipment. It is assumed that its use will help to significantly reinforce the reserve fire safety.
 
On his part, Reserve Director expressed his gratitude to the Consortium’s Management for fruitful cooperation.
 
As part of the environmental program, the Company participates in creating favorable conditions for rare animals. Thus, three Artesian wells were drilled for the purpose of arranging watering points.  CPC provided all-terrain vehicles to improve the reserve protection. Appropriate photo, video and computer equipment was purchased for the purpose of monitoring the saiga population level and environmental education of the communities.
 
The Consortium’s active help to the Reserve already yields positive results. The saiga population in the Black Lands Reserve has increased from 4 thousand species in 2015 to 6 thousand in 2017.
 
In his speech, Republic of Kalmykia Head Alexey Orlov highly appreciated CPC contribution to the development of the social sphere and the Consortium’s environmental activities, noting that it was an evidence of the high degree of the Company’s social responsibility and served as an example to other business structures.
 
FYI:
 
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 Tengiz–Novorossiysk Pipeline is 1,511 km; it transports over two thirds of all Kazakhstan export crude, as well as crude from Russian oil fields, including the Caspian Region. 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%.