CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

CPC Supplemented Motor Fleet of Enotaevsky and Kharabalinsky Districts

The pupils of the general education boarding schools of the Enotaevsky and Kharabalinsky Districts, Astrakhan Region received, as a gift from Caspian Pipeline Consortium, modern school buses “Mercedes-Bens Sprinter Classic 411.
The vehicles delivery ceremony held on 16 March in Astrakhan was attended by CPC-R General Director Nikolay Gorban, Deputy Chairman of the Astrakhan Region Government – Minister for Industry, Transport and Natural Resources Radik Kharisov, Minister for Education and Science Vitaly Gutman and other officials.
Two school buses worth over RUR 5 million were procured under the Consortium Charity Program and intended for transportation of schoolchildren. Each vehicle has 20 passenger seats and is equipped with Glonass system, all seats have safety belts and individual communication line with driver, the passenger compartment has an autonomous heating system and an anti-slip floor. For safe transportation of children, the buses are equipped with a speed limiter of 60 km/hour and a device, preventing movement with the door open.
– Caspian Pipeline Consortium is a good corporate citizen. In the regions of its presence, CPC actively supports healthcare, education and sports. We are always very pleased to help children’s institutions and are happy that, owing to our gift, schoolchildren can travel comfortably to attend various events, – said General Director of the Consortium Nikolay Gorban at the ceremony.
The CPC pipeline system is one of the largest investment projects with foreign capital in the energy sector in the CIS. The length of the pipeline connecting oil fields in Western Kazakhstan with the Marine Terminal in Novorossiysk is 1,511 km. CPC’s Marine Terminal is equipped with Single Point Moorings that allow to load tankers safely at a significant distance offshore, including bad weather conditions.
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% and Oryx Caspian Pipeline LLC – 1.75%.