CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

SPIEF-2022: CPC and Udmurt Republic Heads Had a Working Meeting

116A3641.JPGOn 16 June 2022, Nikolay Gorban, General Director of Caspian Pipeline Consortium-R, and Alexander Brechalov, Udmurt Republic Head, had a working meeting at the XXV St.-Petersburg International Economic Forum (SPIEF-2022).
During the conversation, prospects for cooperation between the international Consortium and industrial enterprises of the Region, the plants of which produce modern equipment for a variety of industries, use advanced metal processing technology, make switchgear and transformer substations, were touched upon.
The parties discussed the existing solutions to ensure the transition of leading Russian industries from the use of imported equipment to high-tech domestic products.

One of the topics of the meeting was an exchange of opinions on the issues of training and retraining of qualified personnel in the leading specialized universities in the Udmurt Republic.

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CPC Pipeline System is one of the major investment projects with foreign capital in energy sector in the CIS. The length of the Tengiz – Novorossiysk pipeline is 1,511 km. This route transports over two thirds of all Kazakhstan export crude, as well as crude from Russian oil fields, including those in the Caspian Region. CPC Marine Terminal is equipped with three Single Point Moorings (SPM’s) that allow to load tankers safely at a significant distance offshore, also amid poor weather conditions.

CPC Shareholders: Federal Agency for State Property Management represented by Transneft (trust management) – 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. S.ar.l. – 2% and Oryx Caspian Pipeline LLC – 1.75%.