CPC guarantees efficient and environmentally safe movement of crude oil

The Project is designed to increase the trunk pipeline capacity


20210819.jpgOn 18 August 2021, Zhivaya Kuban network resource published an article called “Novorossiysk citizens noticed a large slick of fuel oil in Tsemesskaia Bay” containing misinformation about facts and events affecting CPC-R’s reputation.

The material from the Our Newspaper Novorossiysk media used as the basis of the article and the facts described in it had taken place and been made public exactly a year ago, on 18 August 2020, and have absolutely nothing to do with CPC-R.

On the same day, BezFormata network aggregator started spreading the article with the misinformation on the Internet.

On 18 August, CPC-R Press Service sent a complaint to the editor-in-chief of Zhivaya Kuban network resource demanding the article “Novorossiysk citizens noticed a large slick of fuel oil in Tsemesskaia Bay” be removed from the said mass media’s website. No response was received, the article was not removed, either.

On 19 August, the article with misinformation was published by Yugopolis, Moskovsky komsomolets na Kubani, Krasnodar city portal, Novorossiysk newswire. A number of publications did not contain a reference to the original source, but referred to Zhivaya Kuban resource with the publication date of 18 August 2021.

CPC Press Service recommends that the media that have published or reprinted the information on fuel oil spill in Tsemesskaia Bay published in the Our Newspaper Novorossiysk dated 18 August 2021 (i.e. a year old publication) and that have added data on “CPC’s involvement in the said incident” publish a denial and remove the false information from their resources. Also be advised that CPC-R reserves the right to take all measure stipulated by the Russian Federation law to protect the Company’s business reputation.

For information:

The CPC Pipeline System is one of CIS largest energy investment projects that involves foreign capital. The length of the Tengiz – Novorossiysk pipeline is 1,511 km. This route moves over two thirds of all Kazakhstan export oil along with crude from Russian fields including those in the Caspian region. CPC Marine Terminal is equipped with three Single Point Moorings (SPM), allowing tankers to be loaded safely at significant distance offshore, including in poor weather conditions

CPC Shareholders: Federal Agency for State Property Management represented by Transneft (trustee) – 24%, CPC Company – 7%, 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. - 2%, and Oryx Caspian Pipeline LLC – 1.75%.