Caspian Pipeline Consortium loaded the first tanker at the Marine Terminal on October 13, 2001.
In total, from 2001 through 09 January 2022, 766,973,131 net tons of crude oil were delivered to world markets via the Tengiz-Novorossiysk pipeline system. 668,967,665 tons of that crude came from Kazakhstan and 98,005,466 tons of crude was produced in Russia. The total number of tankers handled over that period has amounted to 7,246.
The trunk oil pipeline accepts crude oil from different oil fields and with different properties. Averaging of crude oil quality in the pipeline stream resulting from such mixture hinders adequate accounting of the raw material specific indicators.
The Oil Quality Bank functioning in the CPC system from 2002 is a mechanism of penalty and compensatory payments by/to crude oil producers depending on quality of the crude they deliver into the oil pipeline system.