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CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

Project Chronology

On July 17, 1992, the Republic of Kazakhstan and Sultanate of Oman signed an agreement on establishment of Caspian Pipeline Consortium. In a month, the Russian Federation joined the agreement parties. In 1996, the project was joined by 8 private shareholders representing the interests of world’s major oil producer companies from seven countries.

Construction of the pipeline infrastructure began in 1999. The pipeline construction groundbreaking ceremony was held near Yuzhnaya Ozereevka on May 12, 1999. Pipeline linefilling with oil from Tengiz Fields, Kazakhstan, began in March 2001, and on October 13 of the same year CPC loaded the first tanker at its terminal located near Yuzhnaya Ozereevka.

In 2004, receipts of Russian oil in the CPC system began at Kropotkin PS, Krasnodar Krai, and by the middle of the same year CPC reached the full design capacity of the initial construction project, 28.2 MMTA.

In December 2009, the shareholders approved the plan of expanding the capacity of CPC trunk pipeline up to 67 MMTA, which included an array of organizational, technical, financial and commercial matters.

Nowadays, Caspian Pipeline Consortium is the most important oil transportation route in the Caspian – Black Sea Region.

Milestones of the Caspian Pipeline Consortium History

 
2021
June 10

On June 10, 2021, Caspian Pipeline Consortium paid out the first ever tranche of dividends to its shareholders for Q4 2020 and Q1 2021. The total amount of dividends payable for that period is USD 665 mln.

January 20

CPC-R Leads the Rating of Russia’s Cargo Terminals At Year-End 2020. 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.

2020
November 28

On Saturday, November 28, 2020 at the CPC Marine terminal, the 700-millionth ton of oil has been handled since the start of operation of the Tengiz – Novorossiysk pipeline system. The jubilee ton was delivered to the tanks of Pinnacle Spirit tanker.

September 30

On September 30, 2020, Caspian Pipeline Consortium remitted $341.01 million to repay in full the debt to the Shareholders. The said amount included CPC-R’s repayment of $295.26 million ($48.74 million was remitted to the Russian Federation budget), CPC-K repaid $45.75 million.

2019
November 20

On November 20, 2019, CPC Marine Terminal in Yuzhnaya Ozereevka loaded the 6,000th marine tanker since the Consortium started to operate. The milestone tanker was «FOLEGANDROS» of Shipper KazMunaiGaz.

October 1

On 1 October 2019, in the Republic of Kazakhstan, A-PS-3A of the CPC oil pipeline was renamed as Isatay PS and A-PS-4 as Kurmangazy PS.

May 21

On 21 May 2019, a CPC Annual Shareholder Meeting approved a Debottlenecking Program (DBNP) providing for the expansion of the throughput capacity of the Tengiz-Novorossiysk oil pipeline up to 72.5 mln tons per annum.

April 24

On April 24, 2019 during the current All-Russian Health and Safety Week in Sochi, CPC receives Grand Prix of “Health and Safety- -2018” Contest.

2018
October 22

A ceremony dedicated to the completion of the Project to expand the capacities of Caspian Pipeline Consortium pipeline system was held in Moscow on October 22, 2018.
The main results of the grand projects were summarized and awards of the Russian Federation and Republic of Kazakhstan Ministries of Energy were handed over to those who particularly contributed to the collective success.

September 28

On 28 September 2018, at the XII Interregional Forum of Southern Federal District largest companies “Flagships of Future Growth” CPC was declared the winner in the nomination “The largest transportation company of Southern Federal District in 2017”.

April 18

The last Pump Station of CPC Expansion Project - PS-2 in Kalmykia - was put into permanent operation on April 18, 2018.

April 12

Caspian Pipeline Consortium received the first prize of the All-Russian “Health and Safety- 2017” Competition in the nomination "Methodology for monitoring and assurance of safe working conditions” for its innovative project “The Concept of Corporate Safety Culture Development”.

February 27

5000th Tanker Loaded at CPC Marine Terminal.
The milestone tanker called the Nautilus is owned by Tengizchevroil Shipper.

2017
December 18

The Marine Terminal handled more than 500 tankers in 2017. 503 tankers have been loaded and 52.8 million tons of crude has been lifted at the CPC Marine Terminal from early 2017 to December 18th.

October 12

CPC Put into Operation All Expansion Project Facilities in Kazakhstan.
On October 12, 2017, the last one of the Consortium’s pump stations built in Kazakhstan - A-PS-3A - was put into operation.

September 21

On September 21, 2017, CPC accepted three millionth ton of crude oil from PJSC "LUKOIL" at Komsomolsk PS.

August 23

On 23 August 2017, PS-5 was commissioned in the Stavropol Krai – this is the second of the two pump stations, which were to be constructed under the CPC Expansion Project there.

August 12

On 12 August 2017 the CPC Marine Terminal loaded a milestone half-billionth ton of crude oil, since the commencement of the oil pipeline system operation, onto the Ohio oil tanker chartered by Karachaganak Petroleum Operating.

August 08

On August 8, 2017, PS-8 was commissioned in Krymsky district, Krasnodar Krai. It is the last pump station to be constructed in Kuban area as per Expansion Project.

May 12

On May 12, 2017, two new oil pump stations of Caspian Pipeline Consortium (A-PS-4A and A-PS-5A) were formally put into operation in the Astrakhan Region.

2016
October 31

CPC Operations Control Center at the Marine Terminal Near Novorossiysk Has Resumed its Functioning After the Reconstruction.

October 14

The crude oil from Kashagan oil field in Kazakhstan has started coming into the Caspian Pipeline Consortium’s system.

June 25

Nikolay Gorban assumed office as CPC General Director.

February 6

The 4000th Tanker, since the start of loading operations in 2001, was loaded at the CPC Marine Terminal.

2015
December 23

PS-4 was commissioned in the Ipatovo District of the Stavropol Krai.

November 27

The CPC Marine Terminal has been awarded the Grand Prix of the International Competition “Oil Terminal 2015”.

November 20

PS-3, the first of those built as a per of the Expansion Project, was commissioned in Iki-Burulsky District of Kalmykia.

September 24

CPC erected three new tanks at its marine terminal. The CPC crude oil Tank Farm has been increased from four to seven steel vertical floating roof tanks with the capacity of 100,000 tons each.

September 9

CPC Completes Expansion Phase 1 in Kazakhstan. The upgraded Tengiz and Atyrau pump stations have been commissioned.

2014
December 31

CPC loads the 40-millionth ton of oil since the beginning of the year. The tanker, SCF SURGUT, dwt 158,000 tons, took the jubilee ton of oil on board.

April 24, 2014

A ceremony is held to mark putting of the Consortium’s upgraded pump stations (Astrakhan PS, Komsomolskaya PS and Kropotkin PS) into operation within the framework of Phase 1 of the Expansion Project in Russia

February 4, 2014

The third Single-Point Mooring (SPM-3) is put into commercial operation at the Marine Terminal near Novorossiysk

2013
June 26, 2013

The 3000th tanker is loaded after commencement of the pipeline system operations

February 28, 2013

Nikolay G. Brunich is elected to the position of CPC General Director

2012
November 27, 2012

CPC Marine Terminal is a winner of the third international award «Oil Terminal» in the nomination of «Stability»

October 10, 2012

The 300,000,000th ton of oil is lifted at the CPC Marine Terminal

2011
July 1, 2011

A ceremony is held in Atyrau, Kazakhstan, to mark the beginning of construction work under the CPC Expansion Project

2010
December 15, 2010

The Final Investment Decision is made for the CPC Expansion Project

November 24, 2010

Nikolay V. Platonov is elected to the position of CPC General Director

May 1, 2010

Alexander V. Tarakanov is elected to the position of CPC General Director

2009
November 26, 2009

CPC Marine Terminal is a winner of the second international award «Oil Terminal» in the nomination of «Reliable Partner»

2008
October 17, 2008

Consortium shareholders sign a memo on the CPC Expansion Principles

2006
October 25, 2006

CPC Marine Terminal is a winner of the first international award «Oil Terminal 2006» in the nomination of «Best Process Equipment»

August 28, 2006

The 100,000,000th ton of oil is lifted at the CPC Marine Terminal

April 26, 2006

The authorities of CPC General Director are assigned to Vladimir Yu. Razdukhov.

2004
November 9, 2004

CPC commences transportation of Russian oil

May 16, 2004

Crude oil from Karachaganak Fields, West Kazakhstan, comes into the CPC system.

2003
April 29, 2003

CPC pipeline is officially put into commercial operation after signing on April 28 of the last CPC acceptance acts by the RF and RK state acceptance commissions to confirm that all safety and environmental requirements are fully met.

2002
May 1, 2002

Ian R. MacDonald who headed Chevron Neftegas Inc. becomes CPC General Director

2001
November 27, 2001

A ceremony is held at the Marine Terminal to mark opening of the new oil export route from the Caspian Region.

October 13, 2001

Test loading of a tanker chartered by Tengizchevroil occurs at the new CPC Marine Terminal

March 26, 2001

Linefilling of the pipeline system with Tengiz oil is commenced in Atyrau

2000
November 30, 2000

Sergey V. Gnatchenko is elected to the position of CPC General Director

November 22, 2000

A ceremony of making a “golden weld” is held at the Marine Terminal to mark completion of laying the linepipe of the pipeline system

1999
May 12, 1999

A groundbreaking ceremony is held to mark the beginning of CPC pipeline system construction

1998
November 12, 1998

A positive expert opinion is obtained from the RF expert commissions (State Environmental Expertize, Gosstroi, Gosgortechnadzor, MChS) in respect to the TEOC of Tengiz-Novorossiysk Pipeline

June 1, 1998

Victor M. Fedotov is elected to the position of CPC General Director

1997
May 16, 1997

Vladimir S. Stanev is elected to the position of CPC General Director

1996
December 6, 1996

A decision is made on the consortium restructuring. Major international oil and gas companies joined the consortium. Edward Smith is elected the first CPC General Director.

1992
June 17, 1992

The Republic of Kazakhstan and Sultanate of Oman sign an agreement on establishment of Caspian Pipeline Consortium. In a month, the Russian Federation joins the agreement

1991
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