work on the Single Point Mooring (SPM-1) in the water area of CPC Marine
Terminal near Novorossiysk was completed on 14 August 2023. Oil lifting system
equipment was put into service and is operated in the standard mode.
equipment maintenance started on 20 July 2023. In the course of the work, two
expansion joints and a marine hose were replaced and five houses were repaired.
On 10 August, after the expansion joints replacement SPM-1 piping was hydro
tested, on 11 August the entire system of the Single Point Mooring was tested
multi-purpose vessel was used during the work. It took two dives to close and
open the subsea end manifold of SPM-1. SPM-1 system was flushed using the
AEGEAN MYTH tanker.
reminder: This year, similar work was completed on SPM-2 on 2 May and on SPM-3
on 26 June.
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
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%.