CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

CPC and KTO Heads Had a Business Meeting

CPC General Director Nikolay Gorban and KazTransOil General Director Talgat Kurmanbayev conducted a business meeting on 24 April 2023 in Astana.

As a reminder: In 2018, KazTransOil signed a contract with CPC-K for services on maintenance, repair and emergency response at the facilities of the crude pipeline of Caspian Pipeline Consortium-K in the Republic of Kazakhstan for 2018-2023.

Completion of programs of equipment major overhaul and maintenance at the Consortium’s facilities on schedule and current safety indicators became topics of the conversation.

It was noted, that the Kazakhstani section was recognized as the winner in the competition among CPC regional subdivisions at the end of 2022. During the reporting period, employees passed the mark of 4.8 million man-hours, and 1.7 million kilometers of vehicle mileage without recordable MVAs. Representatives of KazTransOil JSC made a significant contribution to these and other achievements.

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%.​