On September 23, 2016, Nikolay Gorban, CPC General Director, met Sergei Miroshnichenko, Deputy Head of RF Federal Service of State Registration, Land Register and Mapping (Rosreestr) in Moscow. They discussed the status and potential solutions for setting out boundaries of land plots leased to CPC-R for construction and operation of the A-PS-5A external power supply system. This power facility is constructed as a part of CPC Expansion Project in Narimanovsky and Limansky districts nearby the Republic of Kalmykia.
Several Rosreest officials and CPC-R (EP) Manager, Regulatory Affairs, Mikhail Kolesnikov participated in the meeting initiated by CPC.
The meeting attendees were informed about the international status of CPC Expansion Project and that timely commissioning of its sites would undoubtedly improve the status of Russia as a reliable partner on international markets of energy resources production and transportation.
Following the meeting Rosreest set up its Working Team to review promptly the CPC request and prepare clarifications for the Rosreest Astrakhan Office on further actions finalizing land plot boundaries, which is a prerequisite for commissioning of new sites.
For reference.
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.
The Expansion Project includes rehabilitation of 5 existing and construction of 10 additional pump stations (2 in the Republic of Kazakhstan and 8 in the Russian Federation), six new storage tanks (100,000 cu.m each) in addition to the existing four near Novorossiysk and a third SPM at the CPC Marine Terminal, and also the replacement of an 88 km pipeline section in Kazakhstan with a larger diameter pipe. The total amount of the Project investments will be US$ 5.4 billion.
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%.