CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

Another CPC Contribution to the Social Infrastructure of Kalmykia

20211027-1-1.jpgOn 27 October 2021, Nikolay Gorban, CPC General Director and Batu Khasikov, Head of the Republic of Kalmykia attended the opening ceremony of a multifunctional sports/play ground in the territory of the Iki-Burulskaya Secondary Education School named after A. Pyurbeev. CPC has allocated about RUR 20 million for the implementation of this charity project.

The construction scope included enlargement of the football pitch from 1800 to 2000 m2, arrangement of the race tracks, the ground for track-and-field exercises, volleyball and basketball games.

The old school sports ground was built in 1975 and did not meet the present-day sanitary/epidemiological, as well as safety standards. Construction of the new ground in the territory of the main school building will attract pupils and local residents to physical culture and sports, create conditions for systematic sports activities and formation of a healthy way of life.

20211027-1-2.jpgOn the same day, the Consortium handed over three Niva cross-country ambulance vehicles to the Iki-Burulskaya District Hospital. The district utility services received a KAMAZ combined road vehicle to maintain the roads in good order. The total cost of the Consortium-donated vehicles exceeded RUR 10 million.

In 2020, CPC forwarded more than RUR 100 million of charity funds to the Republic of Kalmykia. Some of the last-year major projects – construction of a skatedrome in the Victory Park, furnishing of a concert stage in the Druzhba Park with light and sound equipment.

Besides, considering a serious epidemiological situation, the Consortium procured six newest Lufter 5 ALV units for the Republican Specialized Medical Aid Center.

20211027-1-3.jpgAll in all, over the years of the pipeline system operation, CPC has invested more than RUR 1 billion in the charity projects of the region.

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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%.