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CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

Dubrava Ecopark Opened in Novorossiysk

​​20221213-1.jpgDubrava Ecopark was opened in Novorossiysk on 13 December 2022. Mukhail Grishankov, CPC Deputy General Director, RF Government Relations, Novorossiysk Mayor Andrey Kravchenko and the city residents participated in the ceremony. This project is an important component of CPC Program “Protect Nature of Our Native Land”, which the Consortium implements in all Regions of its presence.

Caspian Pipeline Consortium allocated an amount of almost 24 million rubles to the project for development of the territory between general secondary school No. 28 and the Kuban House of Culture.

20221213-2.jpgThe Administration of the hero-city, which is actively developing, also as an industrial cluster, receives many letters from Novorossiysk residents with requests to preserve and create new green areas. Dubrava Ecopark, built on the site of the former spontaneous parking of cars, will provide citizens with comfortable conditions for recreation in nature. The park is planted with coniferous and deciduous trees and shrubs, including oaks, pines, cypresses, junipers, etc. The project also includes landscaped pedestrian paths, small architectural forms and installations. The park is equipped with automatic watering and lighting systems.

20221213-3.jpgAs a reminder: in 2018, CPC implemented the charitable project to restore the municipal budget institution "Kuban House of Culture ", and in 2021 gave it a modern stationary video equipment for the auditorium worth 153 thousand rubles. The territory adjacent to the Kuban House of Culture was also developed.

20221213-4.jpgFor 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%.