CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

CPC Moscow Office Operation

On 15 June 2021, Caspian Pipeline Consortium held a meeting of its Crisis Management Team (CMT) dedicated to the implementation of measures in connection with an aggravation of the epidemiological situation in Moscow and Moscow Mayor’s Decree No. 29-UМ of 12 June 2021 “On Amendment of Moscow Mayor’s Decree No. 68-UМ of 8 June 2020”.

The CMT meeting resolved to transfer 30% of the Company Moscow Office employees to a remote operation mode. The meeting reiterated the necessity of strict compliance by the employees with the mask-wearing and social-distancing requirements, as well as performance of disinfection and sanitary treatment of the office premises.

All employees transferred to a remote operation mode are provided with access to the corporate information resources, which is facilitated by the infrastructure developed in the Company and successfully tried during the 2020 epidemiological restrictions.

Starting from April 2021, voluntary vaccination for the CPC employees has been organized at the corporate medical station. Besides, a part of the staff has got their vaccination independently. Currently, the number of vaccinated and antibodies-bearing CPC-R employees allows to ensure continuous operation of the Consortium Moscow Office, while complying with the epidemiological restrictions recommended by the city authorities.

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%.