On November 19, 2019, in Nur-Sultan (Republic of Kazakhstan), Kairgeldy Kabyldin, CPC-K Deputy Director General for Relations with the Government of the Republic of Kazakhstan, and Amangeldy Tynshimov, Director of Aktau Machine Building Plant (AMZ), signed a contract for the supply of equipment for the CPC-K facilities. According to the terms of the document, the Consortium will buy a batch of booster pumps from the Kazakh manufacturer, which are required under the DBN Programme.
"The contract we have signed today plays an important role in the successful implementation of the DBN Programme. In addition, the document demonstrates the commitment of the International Consortium to the strategy of supporting national production and increasing the share of locally produced products," said Kairgeldy Kabyldin in his speech.
Aktau Machine-Building Plant has the capacity to manufacture a wide range of oil and gas production, drilling, oilfield, intrinsically safe electrical equipment," said Amangeldy Tynshimov. - Taking into account the international status of CPC, the contract signed today is one of the priority production projects for us.
The main goal of the DBN Programme is to optimize the current throughput capacity of CPC oil pipeline system. The expected volume of oil supplies from the Republic of Kazakhstan based on the current portfolio of CPC shippers nominations assume that the current mechanical capacity of the Tengiz - Novorossiysk oil pipeline will be exceeded starting from 2022. In this regard, the Caspian Pipeline Consortium needs to upgrade a number of pipeline system facilities.
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: CPC Shareholders are Russian Federation (represented by Transneft – 24% and CPC Company – 7 %) – 31%; Republic of Kazakhstan (represented by KazMunayGas – 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.
Aktau Machine-Building Plant was established in 2014 and is located in the industrial zone of Aktau, Mangistau region. The plant has the capacity to manufacture a wide range of oil and gas production, drilling, oilfield, intrinsically safe electrical equipment and a range of spare parts. The company's fleet of machines and equipment includes about 380 units, including metal-cutting, metalworking, welding, bending, forging, thermal and other equipment.