Home/Press Center/Press Releases/2023/Construction of Children and Youth’s Cultural & Aesthetic Center Starts in Astrakhan Oblast

CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

Construction of Children and Youth’s Cultural & Aesthetic Center Starts in Astrakhan Oblast

Polish_20230718_152319897.jpg2023_0718_14294000.jpgPolish_20230718_153008044 (1).jpg

A groundbreaking ceremony with a commemorative plaque symbolizing the start of construction of the Children and Youth’s Cultural & Aesthetic Center was held on 18 July 2023 in Enotaevka Village, Astrakhan Oblast.

Nikolai Gorban, CPC General Director, and Igor Babushkin, Astrakhan Oblast Governor, affixed the plaque.

The standard construction period for a facility of this type is about 1.5 years. As per the design, the Cultural & Aesthetic Center is a two-story building. Inside the building with an area of more than 1.7 thousand sq. m will be divided into several functional groups, where rooms for group and individual creative classes and administrative offices will be located. In addition, the Center's auditorium will be able to accommodate 100 spectators.

Putting the Center into operation will allow not only to create comfortable conditions for additional education of children and youth, but also to attract young teachers by opening new areas of training.

The cost of the construction paid out of CPC charity funds will amount to 196 million rubles.

The history of cooperation between the Consortium and Astrakhan Oblast Administration goes back more than two decades. In early 2023, CPC supplied the latest CT scanner worth almost 60 million rubles to Alexandro-Mariinsky Oblast clinical hospital. The material base of the Astrakhan Regional Social Rehabilitation Center "Rus" was strengthened with modern equipment to the amount of about 20 million rubles.

Polish_20230718_152648458 (2).jpg2023_0718_14312500.jpg2_5310202100536323853.jpg

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%.