Pursuant to the Shareholders resolution and taking into account financial capabilities, on 9 April 2015 CPC made the first repayment of the Shareholder loans extended for construction of the CPC ICP. The repayment amount was USD 600 million. It is intended to remit to the Shareholders the total of USD 1 billion and 50 million by the end of the current year.
It is noteworthy that debt repayment commenced prior to completion of the Expansion Project, which is financed by the Consortium using its own funds.
CPC Shareholders: Russian Federation (represented by Transneft – 24% and CPC Company – 7 %) – 31%; Republic of Kazakhstan (represented by KazMunayGaz – 19% and Kazakhstan Pipeline Ventures LLC – 1.75%) – 20.75%; 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. - 2% и Oryx Caspian Pipeline LLC – 1.75%.