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CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

Contribution in Medical Infrastructure of the Republic of Kalmykia


-5321429334482867357_121.jpgOn 31 January 2024, Mikhail Grishankov, Deputy General Director, RF Government Relations, CPC-R, and Batu Khasikov, Head of the Republic of Kalmykia, handed diagnostic equipment to the Republican Cancer Dispensary named after E.S. Timoshkaev. The ceremony was also attended by Government Chairperson Gilyana Boskhomdzhiyeva, Marina Oljzyatiyeva, Deputy Chairperson of the Government - Minister of Social Development, Labor and Employment, and other officials.

The modern stationary mammography system with a digital detector purchased with CPC funds, will allow early detection of masses and pathological processes, guaranteeing their effective and speedy cure. The improved mammography specifications provide high-resolution breast -5321429334482867371_121.jpg

imaging, reducing the need for additional images. The cost of the equipment amounted to almost 14 million rubles.      

As a reminder: a Cooperation Agreement between CPC and the Republic is in effect. Under the document, the Consortium continues to support a number of socially significant areas of life - health care, education, culture, children’s sports and a targeted aid to the most vulnerable population. In 2023 alone, CPC allocated over 130 million rubles towards social programs in the Republic.

F-5321429334482867427_121.jpgor 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%.