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Caspian Pipeline Consortium continues implementing the program of charity assistance to the boarding school for the children with special needs

On 25 May 2017 representatives of the Caspian Pipeline Consortium-K  headed by Kairgeldy Kabyldin, Deputy General Director, visited the regional boarding school for children with special needs located in the Atyrau region’s Makhambet district. Mr. Kabyldin congratulated the schoolchildren on the graduation day and gave them presents on the occasion. The visit became a real festivity for the children studying in the above school due to different reasons.
The boarding school’s personnel had also a serious reason for joy as the new bath and laundry unit was commissioned that day. The construction of the bath and the laundry unit was sponsored by the Caspian Pipeline Consortium. CPC invested KZT 39 million into the construction, which had taken only six months to complete. Until that moment, the schoolchildren had bathed in the old bathhouse building, unfit for full-scale operation, while the boarding school personnel had to go to the city to wash clothes and linen.
“Caspian Pipeline Consortium has provided continuous sponsorship to the boarding school over the recent five years. During this time we have performed major repairs of heating installations at all of the school’s buildings, purchased the TV sets, computers, linen, clothes and footwear for the schoolchildren”, Kairgeldy Kabyldin, the CPC-K Deputy General Director, told us.
The same day the CPC-K representatives visited Kindergarten No. 16 of the city of Atyrau. Following the Atyrau Board of Education’s request the Caspian Pipeline Consortium performed major repair of the kindergarten’s building. As part of the KZT 36 million worth charity project the premises of 6 of the kindergarten’s groups were completely renovated (bedrooms, dressing rooms, corridors, toilets and washing rooms).
The CPC pipeline system is one of the largest investment projects with foreign capital in the energy sector in the CIS. The length of the pipeline connecting oil fields in Western Kazakhstan with the Marine Terminal in Novorossiysk is 1,511 km.
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% and Oryx Caspian Pipeline LLC – 1.75%.