CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

CPC-K Receives Paryz-2023 Gold Award

On December 12, 2023, an award ceremony for the Paryz competition was staged in Astana. It was attended by the President of the Republic of Kazakhstan Kassym-Jomart Tokayev.

The gold award of the republican competition for social responsibility “Paryz” in the nomination “The Best Socially Responsible Enterprise” in the big business category was allotted to the Joint Stock Company “Caspian Pipeline Consortium-K”. The first-degree diploma and the “Paryz” gold statuette were presented to the CPC General Director Nikolay Gorban by the Deputy Prime Minister of the Republic of Kazakhstan Tamara Duyssenova.

“Dynamic development and financial indicators allow the Caspian Pipeline Consortium to implement charity programs aimed at the support of health care, culture, education, ecology and development of the Atyrau Region infrastructure. Over the period from 2001 to 2022, the Company forwarded more than KZT 12 billion (over USD 28 million) for charity projects. Today, the Consortium allocates about KZT 1.38 billion (USD 3 million) annually for charity projects in the Republic of Kazakhstan”, - noted the CPC General Director Nikolay Gorban in his reply speech.

The CPC most recent large-scale charity projects are the Family-Type Children’s Village and the Youth House in the Atyrau suburb, having been fully built, equipped and already running. The construction of a local school for 900 pupils in the Talgayran microdistrict was started in 2022 and now is in its active phase. The medical equipment and motor pool of the health care institutions are replenished on a regular basis. There are ongoing corporate programs: CPC to First Graders, New Year Together with CPC, Interesting Science Olympiad for schoolchildren, Jas Tolqyn young talents contest and other social charity projects.photo2.jpg

The Paryz Award is one of the most prestigious in the Republic of Kazakhstan. It has been allotted to companies since 2008 for their contribution to citizens well-being improvement, active support of social initiatives, care for environment and creation of the best working conditions for employees.

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%,     IC CPC Company LLC – 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%.​