CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

CPC beats a new record: the Marine Terminal handled more than 500 tankers in 2017

503 tankers have been loaded and 52.8 million tons of crude has been lifted at the CPC Marine Terminal from early 2017 to December 18th. Thus, for the first time in CPC’s history over five hundred export tankers sailed from the single point moorings in one year. We should not forget that 435 tankers were loaded at the CPC Marine Terminal in 2016, which is 26 more than in 2015.
In November 2017, the CPC Marine Terminal hit a new record of monthly loading – 5,001,341 tons or 39,621,126 barrels. The previous record was broken in March this year when 4,929,486 tons or 38,990,365 barrels of crude was lifted on tankers.
CPC Base Business has seen such an impressive increase due to the Tengiz-Novorossiysk Pipeline Expansion Project completed by the Consortium. As late as in 2017, five greenfield pump stations were put into operation: APS-4A and APS-5A in Astrakhan Oblast, PS-8 in Krasnodar Krai, PS-5 in Stavropol Krai, and APS-3A in the Republic of Kazakhstan.
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%.