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CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

PS-2 in Kalmykia Connected to Tengiz-Novorossiysk Crude Pipeline

On October 23rd, CPC General Director Nikolay Gorban went on a business trip to Kalmykia and conducted a working meeting on the matters pertaining to completion of construction of PS-2, compliance with the labor protection and safety rules, performance of all types of work with high quality.
The Company’s Head was accompanied by Christopher Scott Bowen, CPC Engineering and Projects Consultant, and CPC Central Region Manager Ivan Sharay.
The Pump Station in Kalmykia in being constructed within Phase Three of CPC Expansion Project. On October 19, 2017, the Station was connected to the Tengiz-Novorossiysk trunk crude pipeline. On October 20th, the process of putting linefill to the station started. Once that stage is completed, the equipment comprehensive testing will start. The exact time of PS start-up will be determined based on testing results.
The work to develop the territory and construct an access road is currently being completed at the facility.
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 Tengiz–Novorossiysk Pipeline is 1,511 km; it transports over two thirds of all Kazakhstan export crude, as well as crude from Russian oil fields, including the Caspian Region. CPC Marine Terminal is equipped with three Single Point Moorings (SPM) that allow to load tankers safely at a significant distance offshore, also amid poor 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%.