CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

Working meeting of CPC management with SAFT Company

A working meeting between CPC General Director Nikolay Gorban, and David Masgrangeas, General Director of Saft, Total’s subsidiary, was held on May 24, 2018 during St. Petersburg International Economic Forum (SPIEF-2018).

The meeting participants also included Saft Executive Director Ghislain Lescuyer and CPC representatives: Vladimir Shmakov, General Manager, Field Operations, Chief Accountant Alexey Khodakov, Kairgeldy Kabyldin, Deputy General Director, RK Government Relations.

The parties discussed advanced technologies for supporting reliable and safe operation of long pipeline systems, energy saving aspect, use of highly efficient UPS at large industrial facilities. As a follow-up to the meeting, the parties agreed to continue communication in that sphere.

Saft is specializing in advanced process solutions for batteries in industries, starting from engineering to development to manufacturing, tuning and service.

In 2013, Saft opened its representative office in Moscow for the purpose of expanding product sales, deliveries and technical support to the clients in the Russian Federation, specifically in quickly growing sectors of transport, energy storage, infrastructure and telecommunications.

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% 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% и Oryx Caspian Pipeline LLC – 1.75%.