CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

CPC Participates in Neftegaz-2021 Exhibition

20210426.jpgThe opening ceremony of the 20th International Exhibition “Equipment and Technologies for Oil and Gas Industries” - Neftegaz-2021 was held in Moscow on the Expocentr Fairgrounds on 26 April 2021. This year, the Caspian Pipeline Consortium participates in the exhibition with its exposition for the first time.

At CPC booth (pavilion No.1, booth #1E64), the managers and employees of the large oil transportation company will talk about the business activities of the Company which this year will celebrate its 25 years. Information will be presented to the exhibition visitors on the performance indicators and state-of-the-art technologies in use and on the achievements in occupational health, industrial safety and environmental protection (HSE).

20210426-1.jpgThe booth exposition includes an exact scaled-down model of a single point mooring (SPM). Only about 40 ports in the world use this technology which allows to load tankers at a distance from the shore. The booth guests will also see a 3-D Helmet character personifying a CPC HSE expert. This corporate symbol has been used since 2020 in all training and educational video and printed materials designed for training the Consortium’s operation facilities staff. The character increases interest and, consequently, the effectiveness of training.

The Neftegaz exhibition has been the main oil and gas show since 1978. It is traditionally supported by the RF Ministry of Energy, RF Ministry of Industry and Trade, under the auspices of the RF Chamber of Commerce and Industry. The exhibition will end on 29 April 2021.

For information:

The CPC Pipeline System is one of CIS largest energy investment projects that involves foreign capital. The length of the Tengiz – Novorossiysk pipeline is 1,511 km. This route moves over two thirds of all Kazakhstan export oil along with crude from Russian fields including those in the Caspian region. CPC Marine Terminal is equipped with three Single Point Moorings (SPM), allowing tankers to be loaded safely at significant distance offshore, including in poor weather conditions

CPC Shareholders: Federal Agency for State Property Management represented by Transneft (trustee) – 24%, CPC Company – 7%, KazMunayGas – 19%; Kazakhstan Pipeline Ventures LLC – 1.75%, 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%.