CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

CPC and Halyk Bank Working Meeting

Nikolay Gorban, CPC General Director and Yertai Salimov and Olga Vuros Deputy Chairmen of the Board Halyk Bank of Kazakhstan met on April 16, 2024 in Astana. 
The topic of the meeting was a wide range of issues concerning settlements with counterparties and between CPC shareholders. The participants of the conversation touched upon the topics of interaction between production companies and credit institutions in the current market conditions, and discussed specific interaction programs.
Halyk Bank of Kazakhstan is a systemically important universal commercial bank of the country. It is a member of Halyk Group, which carries out banking, insurance, brokerage and leasing activities.
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 oil, and crude from 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 %, 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%. 

 
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