CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

CPC to Kalmykia First-Graders

More than 2.2 thousand first-graders in the Republic of Kalmykia, on the eve of the Knowledge Day, received CPC gifts - school bags full of schooling paraphernalia. Caspian Pipeline Consortium staff have presented them as part of traditional charitable program “CPC to First-Graders” to school children of the two districts housing company oil transportation facilities and to the young residents of the Republic capital city.
Elista and district administration representatives also joined the functions coinciding with the beginning of a new school year. 1934 first grade students in the Republic capital, 178 students in Chernozemelski district and 114 students in Iki-Burul district have received school bags this year.
School bags CPC has purchased, have adjustable soft shoulder straps and additional outer pockets. They have two inner compartments. Rigid-frame schoolbags are complete with felt pens, sets of color pencils, rulers, triangular rulers, copy books, scissors, pens, drawing books, water colors, sets of brushes, folders, covers for copy books and textbooks, etc.
Caspian Pipeline Consortium allocated over RUR 6.3 mln for the “CPC to first-graders” program implementation in the Republic of Kalmykia in 2019.
For reference:
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%.