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CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

Meeting with EMERCOM of Russia

20220619-1-1.jpg20220619-1-2.jpg20220619-1-3.jpg20220619-1-4.jpgUnder the guidance of CPC General Director Nikolay Gorban a working meeting was held on June 18, 2022 at the CPC Marine Terminal with the management of the combined team of the EMERCOM of Russia, conducting work on the additional survey of the SPM-1 and SPM-2 water area for the detection of explosive hazards on the seabed.

In the course of the meeting, a procedure for further work on the side-scan sonar survey of a number of targets was worked out. It was determined that mine-like object data would be confirmed by mobile diving teams and a teleoperated unmanned underwater vehicle (TNPA). Based on the hazard definition, confirmed explosive items will be moved to a place of their destruction (in the water area of the sea, outside the SPM).

As of June 17, a side-scan sonar totaled 164,200 square meters, 12 double dives were performed for a total of 31 hours, 6,700 square meters of water area were surveyed.

The work progress will be reported additionally.

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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%.