CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

CPC gifts a mobile fluorograph to Novorossiysk residents

A formal ceremony during which a RUR 7 million digital mobile fluorograph was handed over to City Hospital No 4 in Verkhneabanakskiy Settlement was held on  December 10. The event held in the city administration was attended by the mayor of Novorossiysk Vladimir Sinyagovskiy, CPC general director Nikolai Brunich, health care department staff, administration, CPC and local public representatives.
The mobile digital diagnostic and treatment unit purchased by the consortium to help the local health care will be used for a total periodic health checkup program, allowing more than 40 thousand rural residents of the municipality to be examined quickly and with good quality with results delivered promptly by e-mail.
In his opening speech Vladimir Sinyagorsky thanked Nikolai Brunich and his multinational CPC team for their great attention to the needs of the city residents and high response with community-related programs for the city’s residents. The city mayor was very pleased to mention other  new community-related projects, including a health care facility project for a 48 million ruble upgrade of City Out-Patient Hospital, the first to be implemented. The total value of new programs under the CPC Expansion Project will be 145 million rubles. Vladimir Sinyagovskiy handed a letter of thanks to the CPC chief executive, saying he was confident in further joint cooperation for the good and prosperity of Russia.
In his response speech Nikolai Brunich thanked the city mayor for his high appreciation of the Consortium team’s efforts in cooperation with administration experts, reassuring him of CPC’s commitment to continuing being highly focused on Novorossiysk’s community-related programs and wishing good health to all those attending and the city’s residents.
Over the 12 years, CPC has provided over half a billion rubles in assistance with community-related projects to the city. Before the end of this year, Novorossiysk residents will be pleased to see special equipment to be supplied for the city’s health care institutions for another 20 million rubles, four new trolleybuses and, as usual, the annual New Year and X-mas holidays with CPC events  for preschool and junior school children.
CPC pipeline system is one of the largest investment projects in the energy industry with participation of foreign capital on the CIS territory. The length of the pipeline connecting the oil fields in Western Kazakhstan with the Marine Terminal near Novorossiysk is 1,511 km. CPC Marine Terminal is equipped with single point moorings which allow for safe tanker lifting at a considerable distance from the shore, also when the weather conditions are unfavorable.
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% и Oryx Caspian Pipeline LLC – 1.75%.