CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

CPC CEO speaks at UNOG

On June 12, 2018, Nikolay Gorban, General Director, CPC, spoke at the SOCIAL INNOVATIONS #INFOCUS international conference held at the UN Office in Geneva on June 12-15. CPC CEO presented a report entitled “CPC: International Social Partnership Experience” during a presentation session called “Business and Sustainable Development: International Cases of Corporate Social Responsibility”.
In his speech, Nikolay Gorban stated that, the CPC consortium  aims charity activities at investing funds as effectively as possible into specific projects most needed by regions with high quality and maximum benefit for local residents. The basis of all CPC social projects is a shareholder-approved CPC Charity  Policy clearly defining requirements, priority areas, and a procedure for selecting and implementing programs.
– Over the past 5 years, the consortium has implemented 286 charity projects in Russia and Kazakhstan, which averages at 57 projects a year. USD 47.7 mln was allocated for these purposes in Russia and USD 14.7 mln in Kazakhstan. We have serious plans for 2018 too. In Russia, we plan to allocate over USD 13.3 mln for 41 projects. In Kazakhstan, there will be 7 social projects implemented for a value of USD 2.3 mln, – stressed CPC General Director Nikolay Gorban.
The  SOCIAL INNOVATIONS #INFOCUS conference is an annual international platform uniting innovators from various countries making a contribution to social and economic developments the world over. The conference has been held in the UN since 2012 on the eve of a Human Rights Council Session as an intersector platform for developing joint solutions aimed at achieving sustainable development goals.
The presentation can be found by following the link: http://www.cpc.ru/en/social/Pages/default.aspx

For reference:
The CPC pipeline system is one of the largest investment projects with foreign capital in the energy sector in the CIS. The length of Tengiz-Novorossiysk pipeline is 1,511 km; more than two thirds of all export crude oil from Kazakhstan and crude oil from the Russian fields, including those in the Caspian Region, are transported by this route. CPC Marine Terminal is equipped with three Single Point Moorings (SPM) that allow to load tankers safely at a significant distance offshore, also in 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%.