On 13 January 2023, Dauren Kenbeil, Vice Minister of
Finance of the Republic of Kazakhstan, and CPC General Director Nikolay Gorban
held a meeting in Astana.The parties discussed international cooperation on the
Caspian Pipeline Consortium Project and the stability of CPC tax and other
obligatory payments to the Republic of Kazakhstan budget.
In 2021, CPC-K paid taxes of 36.6 billion tenge ($86
million). In 2022, 37.5 billion tenge or almost $82 million.
For reference: in September 2020, CPC fully repaid its
debt to the Shareholders and started quarterly dividend payments.
The Consortium also continues its charity projects.
Since 2000, CPC has been investing annually 1.3 billion or $3 million in Atyrau
Oblast social infrastructure.
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%.