Home/Press Center/Press Releases/2017/Caspian Pipeline Consortium moved a record volume in 2016 and is nearing the Expansion Project completion

CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

Caspian Pipeline Consortium moved a record volume in 2016 and is nearing the Expansion Project completion

In 2016 the CPC accepted 44,317,580 tons of crude oil, which is the largest volume ever moved by CPC.  That included 40,819,897 tons from the Kazakhstan shippers (including 803,362 tons from Kashagan field) and 3,497,683 tons from the Russian shippers (including 634,711 tons from Filanovsky oil field and 110,328 tons from Korchagin oil field).
Within the first ten days of January 2017 CPC lifted 1,106,483 tons of crude oil at Marine Terminal including 1,021,613 tons of the Kazakhstan crude oil and 84,479 tons of the Russian crude oil.
Last year as a part of the CPC Expansion Project the capacity of the CPC Marine Terminal Tank Farm was increased from 700 thousand 000 to 1 million tons, commissioned A-PS-4, A-PS-4A was filled with crude with the comprehensive testing ongoing, while PS-8, PS-5 and А-PS-5A were prepared for oil-in.
In addition, the Operation Control Center (OCC) with the new SCADA system was put back in service after extensive upgrade. SCADA is a control and data collection system that provides for online monitoring of all stages of the crude oil transportation all the way from Tengiz to Novorossiysk, from acceptance via CTMs to tanker lifting.
This year the Consortium plans on completing the Expansion Project and reaching the designed throughput capacity of 67 million tons per annum with DRA.
In 2016 CPC continued to implement the charitable aid programs in the regions of the Consortium’s presence.  The total worth of the programs amounted to RUR 337 million. The Consortium’s focus has been on providing support to the education and public health sectors.  For instance, CPC financed purchasing the top-notch medical equipment to the amount of RUR 80 million for the Astrakhan Oblast Children’s Hospital and the Stavropol Krai Clinical Hospital.
In 2016 CPC purchased 83 school buses, 15 ambulances with the total number of donated motor vehicles reaching 113.
The Consortium also continued building the social infrastructure facilities as a part of the Expansion Project.
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 terminal is equipped with three-point moorings (SPM), which enable to load tankers safely at a considerable distance from the coast and in adverse 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% и Oryx Caspian Pipeline LLC – 1.75%.