A two-day Russian Investment Forum-2019 opened in Sochi on February 14, 2019. Caspian Pipeline Consortium’s representatives headed by General Director Nikolai Gorban participate in its sessions. The Consortium’s Head will attend the plenary meeting, panel sessions as part of the Forum’s business program, examine the exhibition exposition. Negotiations with the Regional Administrations’ Heads, representatives of oil companies and IT sector are scheduled.
Sochi-2019 Investment Forum is a present-day platform for constructive dialogue of business and authorities, created with the support of the Russian Federation Government to address the issues of the world economy development and its main tendencies, discuss the prospects of Russia’s investment and innovation future and present large-scale investment projects in the RF regions.
An exhibition of investment projects of Russian regions and companies is arranged within the Russian Investment Forum. A case zone - a specially created communication platform - is set in the Forum exhibition space, where the participants will demonstrate their projects to lead investment experts.
Combination of the business program and exhibition helps to discuss the key aspects of business activity and attraction of investments in the regions, find viable economic solutions for concrete industries, companies and projects, establish mutually beneficial commercial and scientific contact.
The Russian Investment Forum is conducted in the Olympic Park Main Media Center. In 2018, 538 agreements for over 794 Billion Rubles were signed during the Forum in Sochi. More than 6,000 representatives from 64 countries participated in it.
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CPC Pipeline System is one of the major investment projects in energy sector with participation of foreign capital 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%.