CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

CPC Office in Novorossiysk Damaged

Today, in the middle of business hours, downtown Novorossiysk sustained a heavy strike by drones.

Residential buildings, a hotel and CPC-R offices were damaged.  Two of the company employees sustained injuries of varying severity, and were taken to a medical facility.  Operations of the administrative office are temporarily suspended. Employees have been evacuated. 

Individuals not employed by CPC present in the building that hosts CPC offices have sustained severe injuries.

For information:

CPC Pipeline System is one of the major projects in the 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 to load tankers safely at a significant distance offshore.

CPC Shareholders: Russian Federation – 24 %, IC CPC Company (OOO) – 7%, NC KazMunayGas JSC – 19%, Kazakhstan Pipeline Ventures LLC – 1.75%, Chevron Caspian Pipeline Consortium Company – 15%, Lukoil International GmbH - 12.5%, Mobil Caspian Pipeline Company – 7.5%, Rosneft-Shell Caspian Ventures Limited– 7.5%, BG Overseas Holdings Limited – 2%, Eni International N.A. N.V. S.ar.l. – 2% and Oryx Caspian Pipeline LLC – 1.75%.

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