Home/Press Center/Press Releases/2017/A new multi-functional sportsground opened in village Adyk in Chernozemelski District of Kalmykia

CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

A new multi-functional sportsground opened in village Adyk in Chernozemelski District of Kalmykia

On May 25, 2017 a multi-functional sports ground was opened in village Adyk in Chernozemelski District of Kalmykia. This ground was built at the funds of Caspian Pipeline Consortium. The ceremony was attended by Deputy General Director of CPC Mikhail Grishanko, Minister of Sports and Youth Policy of Kalmykia Dordzhi Shikeev, Deputy of People’s Khural (Parliament) of Kalmykia, Hero of Kalmykia Valery Boldyrev, Valery Badmaev, Head of Chernozmelski District and other representatives of the regional authorities.
The sports asset valuing over 6.2 million rubles is suitable for different kinds of sports including gymnastics, football, basketball, volleyball and tennis. The special artificial turf meets all safety requirements.  The opening ceremony included exhibition performance by representatives of the children sport clubs.
The sports ground was built within the framework of the Consortium’s efforts to improve social infrastructure in the regions of the pipeline route. Over 460 million rubles has been spent by Consortium for the social needs of Kalmykia.
At the moment there are two CPC sites in Kalmykia: PS Komsomolsk and PS-3. Another pumping station PS-2 will be commissioned in 2017.
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% of and CPC Company – 7%) – 31%; Republic of Kazakhstan (represented by KazMunayGaz – 19% of 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% of and Oryx Caspian Pipeline LLC – 1.75%.