CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity

CPC’s present to Krasnodar Krai: Schoolchildren in the village of Shkolny in the Krymskiy District have a housewarming party

On 10 November 2017, CPC Deputy General Director Russian Government Relations Mikhail Grishankov and Krasnodar Krai Vice Governor Anna Minkova officially opened a new building of School No 59 in the village of Shkolny in the Krymskiy District in Kuban. The ceremony was also attended by representatives of the administration of the Krymskiy district, school pupils and their parents.
Funding for building and fully equipping the school with all necessary equipment was allocated by Caspian Pipeline Consortium. The total amount of charity assistance to implement this project is about 60 million rubles.
The work to construct the new school building started in late April 2017 and was completed in early November. Such high construction speed was achieved by applying a pre-fabricated building technology using building block construction.
Speaking at the ceremony, CPC Deputy General Director Mikhail Grishankov assured that the cooperation between Kuban and the international consortium will continue its dynamic development.
– All plans and commitments the consortium has taken on, including under community-related projects, we will implement accurately and consistently,  he said.
In her turn, Krasnodar Krai Vice Governor Anna Minkova stressed that CPC had been a reliable partner of the Krasnodar Krai for many years. Thanks to effective cooperation, a multitude of social projects important for the population have been implemented. There is a lot of work being done in such areas as supporting healthcare, fitness and sports, ecology and culture. Targeted assistance is regularly provided to socially-vulnerable groups of the population.
In the course of the event it was stated that since 1998 to 2017 CPC had allocated about 1.5 billion rubles to the region for charity purposes.
On the same day, CPC Deputy General Director Mikhail Grishankov and Krasnodar Krai Vice Governor Anna Minkova took part in an official opening of a new gas boiler house and a transformer substation built using CPC’s charity funds for School No 16 in the village of Moldavanckoe in the Krymskiy District. The new 700 KW gas boiler house costing 10 million rubles is able to heat up a school building with a floor area over 7,000 m2, fully supporting an uninterrupted functioning of the hot water supply system. The school will now have a reliable power supply provided by the 10 KV substation with a 400KVA transformer, costing 1.5 million rubles.
For reference:
CPC pipeline system is one of the largest investment projects in the energy industry with participation of foreign capital on the CIS territory. The length of the pipeline connecting the oil fields in Western Kazakhstan with the Marine Terminal near Novorossiysk is 1,511 km. CPC Marine Terminal is equipped with single point moorings which allow for safe tanker lifting at a considerable distance from the shore, also when the weather conditions are unfavorable.
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%.