A ceremony was held at CPC Marine Terminal near
Novorossiysk on 15 July 2023 dedicated to construction completion of a new lease
automatic custody transfer (LACT) under the Debottlenecking Program (DBNP). The
ceremony was attended by Nikolay Gorban, CPC General Director, Vyacheslav
Shapochnik, Acting Minister of Fuel and Energy Industry and Housing and Public
Utilities in Krasnodar Krai, Andrey Kravchenko, Head of Novorossiysk
Municipality, Feognost, Bishop of Novorossiysk and Gelendzhik and other
officials. Kresimir Filipovic, Vice President of Construction Contractor
Velesstroy LLC, ceremoniously handed over the symbolic key of the facility and
the final package of documents for LACT metrological registration. Thereafter
the facility will be put in operation and will perform custody transfer
metering of oil moved by CPC Pipeline System.
Construction participants received honorary
mentions, letters of commendation and commemorative badges from Krasnodar Krai
Governor and CPC.
The goal of Debottlenecking Program is to
increase the throughput of Tengiz-Novorossiysk pipeline to 85,1 MTA and to
raise reliability and operability of the pipeline system. The new LACT system
consisting of three units and a total of 12 metering runs is located in the end
point of CPC pipeline system and is intended for custody transfer metering at
the time of oil lifting to the tankers.
LACT construction began in 2021. Over 80% of
Russian-made equipment was used for construction of the LACT meter. The investments
into the project totaled RUR 7.6 Billion from the overall RUR 29 Billion budget
of the Debottlenecking Program in Russian Federation. Over the period of
construction, over 43 Contractors and Subcontractors engaged 1500-strong
manpower, with over 300 people present at the construction site simultaneously,
mostly representing Krasnodar Krai.
The Contractors moved 155 K m3 of soil
and rock, erected over 550 tons of steel structures, laid 145 km of cable and
wire products. The scope of concrete works was 7.5 K m3.

New LACT construction will allow for the old
system to be dismantled, leaving room for construction of a third surge relief
station similar to the existing ones. This will allow CPC to lift oil from
three single point mooring units (SPMs) simultaneously, if needed. In
particular, this will help raise oil lifting after forced oil lifting standby
due to stormy weather conditions in spring and fall.

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 the Russian oil fields, including those in the Caspian
Region. CPC Marine Terminal is equipped with three Single Point Moorings (SPMs)
that allow loading tankers safely at a significant distance offshore, also amid
poor weather conditions.

CPC
Shareholders: Federal Agency for State Property Management represented by PJSC
Transneft (trust management) – 24%, CPC Company – 7%, JSC NC 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%.