According to the rating of TASS, Russian State Information Agency, at year-end 2020m the Caspian Pipeline Consortium is a leader among Russia’s stevedoring companies.
TASS prepared the rating of Russia’ stevedoring companies by cargo turnover on the basis of the data of the RF Commercial Seaport Association. CPC-R (port of Novorossiysk) tops the rating having the turnover of 59.03 M tons.
NMTP (port of Novorossiysk) is the second with 54 M tons, Primorsky Commercial port (port of Primorsk) is the third with 49.3 M tons.
In 2020, ten largest stevedoring companies of the RF transferred 338 M tons of cargo. It makes 41% of the total cargo turnover of the RF seaports, which amounted to 820.77 M tons at the year-end 2020.
Last year, CPC-R became the leader of the TASS similar rating several times - at the end of quarter one, quarter two and quarter three.
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 in 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%.