CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

CPC Staff Members Received State Awards of the Republic of Kazakhstan

20181214-3-1.jpg20181214-3-2.jpg20181214-3-3.jpgOn December 13, 2018, the ceremonial palace of Saltanat Saraiy in Atyrau saw a ceremony of awarding CPC staff members with state awards of the Republic of Kazakhstan. The award decrees were signed by Nursultan Nazarbayev, President of the Republic of Kazakhstan, on December 5, 2018. The awards were presented to the awardees by CPC General Director Nikolay Gorban.

At this ceremony dated to the Republican Independence Day, the Order of Kurmet (Honor) was presented to A-PS-4 Head Mukhit Utarbayev. Medals Eren Enbegi Ushin (for Distinguished Labor) were presented to Contract Manager Alexander Antonov and Marat Kasymbekov, a Consortium’s veteran and former A-PS-4 Instrumentation Engineer.

Besides, Kairgeldy Kabyldin, Deputy General Director, Government Relations, Republic of Kazakhstan, was awarded with a corporate badge of honor For Personal Contribution to Implementation of the Expansion Project, Increase of the Pipeline Capacity, Improvement of Reliability, Industrial and Environmental Safety at the Facilities of Caspian Pipeline Consortium. In their turn, Dennis Fahy, First Deputy General Director, Operations, and Victor Sutyagin, Manager, Operations and Maintenance, CPC Eastern Region, received CPC memorable gifts.

When presenting the awards, Nikolay Gorban reminded all the present that the half-billionth ton of oil received from Kazakhstan shippers was lifted at the Marine Terminal of Caspian Pipeline Consortium in November 2018.

– The CPC pipeline is today the most reliable and economically efficient export route that enables delivery of hydrocarbons produced in Kazakhstan to the international markets. All this is a very valued result of the work done by the united and highly professional Consortium’s team at our field facilities throughout the pipeline route from Tengiz to Novorossiysk. Thank you for your creative work and your fidelity to the company and profession, – said the Consortium head.

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%.