CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

Collective Agreement Signing with CPC-K Personnel

кд2.jpgOn December 2023, Nikolay Gorban, General Director of Caspian Pipeline Consortium, had a town hall meeting in the CPC Eastern Region office in Astana.  As part of this event, a decision was made jointly to sign a Collective Agreement between the company's management and CPC-K employees without establishing a trade union.

This decision was preceded by the meeting between the CPC CEO and Eastern Region personnel on September 27, 2023.  To develop a social partnership and enhance labor guarantees the following two options were offered to CPC-K employees: to set up a trade union organization in accordance with Article 23.1 of the Constitution of the Republic of Kazakhstan or to sign a Collective Agreement with CPC management without establishing a trade union. After review of the proposed terms and conditions and voting during the autumn of 2023, employees chose to sign a Collective Agreement.

The Collective Agreement between the company’s management and CPC-K employees elevates the efficiency of regulation of labor relations in the company to a new level and serves as an effective tool for establishing an open dialog between employees and management. In the course of meaningful communication at the meeting in Atyrau the parties also discussed plans and defined ways of further development of interaction between CPC personnel and management under the Collective Agreement.кд44.jpg

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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 PJSC Transneft (trust management) – 24 %, IC CPC Company LLC – 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%.​