Bolat Akchulakov, Minister of Energy of the
Republic of Kazakhstan, and CPC General Director Nikolay Gorban had a business
meeting on 13 January 2023 in Astana. The Company’s Head informed the Minister
about the operation performance results of the Caspian Pipeline Consortium in
Nikolay Gorban pointed out that 58.7 million tons
of oil were transported by Tengiz-Novorossiysk pipeline system last year, 52.2
million of which came from the territory of the Republic of Kazakhstan. The
largest Kazakh fields - Tengiz, Kashagan and Karachaganak, delivered 29, 12 and
10 million tons of oil, respectively, to CPC pipeline system. CPC Marine
Terminal provided for oil lifting on 527 oil tankers.
In terms of the 2023 operation prospects, CPC
General Director pointed out that the Consortium was fully ready to ship
increased volumes of raw hydrocarbons given the additional capacities of the
crude pipeline already materialized through the implementation of the
Nikolay Gorban also informed the Head of the
Energy Ministry of the Republic of Kazakhstan about the results of the Company’s
facilities inspections and audit conducted in the Russian Federation in 2022 by
regulatory and supervisory agencies that might affect CPC operation and about
the actions completed and findings closed as a follow-up to the inspection
Supplies of foreign-made spare parts and
equipment for CPC facilities became one of the topics of the meeting. General
Director informed the Minister that the Consortium’s specialists had already
accomplished a significant scope of research in that sphere, including pilot
purchases of required equipment and mechanisms from alternative manufacturers
in the Russian Federation.
Further, in their conversation, the parties
discussed the information exchange between the Ministry of Energy of the
Republic of Kazakhstan and the Consortium’s Shareholders in developing
schedules of crude oil lifting from CPC Marine Terminal and the system of
access to the relevant digital resource.
At the end of the meeting, the participants
touched up some issues of power supply for CPC operation facilities in Atyrau
Oblast of the Republic of Kazakhstan.
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) that
allow to load tankers safely at a significant distance offshore, also amid poor
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%.