Opening a School Stadium in Iki-Burul District of Kalmykia

On May 20, 2022, a school stadium of the Orgakin Secondary School named after E. Chonoskayev in the Iki-Burul District of the Republic of Kalmykia has been opened. The official ceremony was attended by Mikhail Grishankov, CPC Deputy General Director, RF Government Relations; Ochir Shurgucheev, Acting Chairman, Government of the Republic of Kalmykia and other officials.

Caspian Pipeline Consortium allocated about 11 million rubles for this charity project to outfit and re-equip the school stadium. As part of the facilities, a football field with artificial grass, a basketball and volleyball court with a non-traumatic surface, as well as an outdoor exercise area were built. The equipment of the latter includes outdoor exercise machines “upper pull”, “chest press”, “twister”, “bars”, a triple horizontal bar and other outdoor sports complexes.

During the ceremony of the stadium opening, it was noted that the students of the school built in 1988 received excellent conditions for physical education lessons and various sports events. The new facilities meet the most stringent modern sanitary and epidemiological standards and safety requirements.

As a reminder, on April 19, 2022, Nikolai Gorban, General Director of the CPC, and Batu Khasikov, Head of Kalmykia, signed a new five-year Agreement on cooperation between the Consortium and the Republic. In accordance with this document, CPC continues to support socially significant spheres of the Republic life that include health care, education, culture, and children sports and provides a targeted aid to the most vulnerable population.

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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%.