On 16 February
2023, Nikolay Gorban, General Director of the International Consortium, and
Talgat Kurmanbayev, General Director of KazTransOil, conducted a business
meeting in CPC office in Astana.The parties
discussed the progress of the current work as part of the implementation by
KazTransOil of the contract for maintenance, repair and emergency response at
CPC-K crude pipeline system facilities in the Republic of Kazakhstan. It was
noted that KazTransOil’s specialists were successfully mastering new types of
work, demonstrating constantly high level of compliance with the occupational
health and safety requirements and high readiness to emergency response.
The Company’s
Heads exchanged their views on the best world practices in operation, safety
and environmental protection culture.
As a reminder:
CPC and KTO have been efficiently cooperating since the commencement of CPC
operation in 2001. Thus, to provide an access to the Shippers to CPC crude
pipeline, KazTransOil put into operation at its PS named after T. Kassymov
additional facilities used to inject hydro carbons delivered by Uzen - Atyrau,
Kenkiyak - Atyrau and Martyshy - Atyrau pipelines and the railroad to CPC
system.
For
information:
CPC Pipeline
System is one of the major investment projects with foreign capital in energy
sector in the CIS. The length of the Tengiz – Novorossiysk pipeline is 1,511
km. This route transports over two-thirds of all Kazakhstan export crude, as
well as crude from Russian oil fields, including those in the Caspian Region.
CPC Marine Terminal is equipped with three Single Point Moorings (SPM) that
allow to load tankers safely at a significant distance offshore, also amid poor
weather conditions.
CPC Shareholders:
Federal Agency for State Property Management represented by Transneft (trust
management) – 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. S.ar.l. – 2% and Oryx Caspian Pipeline LLC – 1.75%.