At month-end June 2017 4,686,648 tons (37,001,503 barrels) of crude oil were loaded at the Consortium Marine Terminal (Yuzhnaya Ozereevka, Krasnodar Krai), or 1,283,421 tons more than during the same period of the last year.
Since the beginning of the year to the end of June more than 27.2 tons of oil were lifted. More than 24.6 tons of crude oil of Kazakhstani Shippers and more than 2.6 tons of Russian Shippers’ crude oil were lifted.
As a reminder: in 2017 March is the record month in terms of volumes loaded at the Consortium Marine Terminal - 4,929,486 tons (38,990,365 barrels) of crude oil.
FYI:
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’s Marine Terminal is equipped with Single Point Moorings that allow to load tankers safely at a significant distance offshore, including bad 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% and Oryx Caspian Pipeline LLC – 1.75%.