A meeting between Bulat Zakirov, Deputy Chairman
of the KazMunayGas Board, and Nikolay Gorban, CPC General Director, was held in
Astana on January 13, 2023.During the meeting, they discussed CPC business
performance in 2022 and plans for the current year. The parties also discussed
further cooperation under the international project and volumes of
hydrocarbons, which the consortium is ready to transport from KazMunayGaz
resources in 2023.
The progress of Debottlenecking Program (DBNP)
implemented by CPC since 2019 was reviewed in detail. It was noted that at the
end of the previous year CPC successfully completed the DBNP scope of work at
key facilities - Tengiz PS and Astrakhan PS and will be ready to accept
additional volumes of crude oil in 2023.
Timely implementation of equipment overhaul and
maintenance programs at CPC sites, current industrial safety performance and
results of the roll-out of new occupational health and safety culture programs
were also topics of discussion. The parties agreed to continue an active
experience sharing in this area.
Please be reminded that KazMunayGas National
Company is one of CPC major Shareholders with a 19% share held by the Republic
of Kazakhstan.
For
information:
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) 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%.