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The Project is designed to increase the trunk pipeline capacity

Investment in Astrakhan Oblast Social Infrastructure

20211220-2.jpgCPC General Director Nikolai Gorban and Astrakhan Oblast Governor Igor Babushkin handed high-end medical equipment and vehicles over to regional healthcare facilities on December 20, 2021, in Astrakhan.

N. Silishcheva Children’s Hospital received three multiFiltrate systems for acute kidney failure treatment. CPC invested around 10.5 million rubles in this charity project. State-of-the-art systems manufactured by a German company Fresenius use extracorporeal treatment methods for acute and chronic kidney failure, severe endogenous intoxication, acute intoxication and autoimmune diseases.

20211220-1.jpgOn the same day, a Neman-420238-511 bus was donated to the Narimanovsky Mental Health Facility. During the ceremony, it was noted that the modern comfortable 30-seater bus would help the health care facility to transport its patients when they needed specialized medical care and attended cultural and sports events.

A 28-seater Neman-420234-511 bus was donated to the Astrakhan Oblast Folklore Research Center. The bus will be used for concert tours and ethno expeditions.

In total, CPC donated vehicles for almost 13 million rubles.

The international Consortium and Astrakhan Oblast have been cooperating for over 20 years. For all this time CPC has not only been efficiently operating its facilities, but also actively supporting social projects in such spheres as culture, education, health care, public transport, sports. CPC also invests in programs to aid the most vulnerable social groups. In 2021, CPC donated over 150 million rubles for charity.

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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%.