26 Ноября 2024 | вторник | 18:30
Energoterra

Monthly Lifting Record Achieved at CPC Marine Terminal

Декабря 05, 2016

At the month-end of November 2016 4,438,701 tons of crude oil (35,151,943 barrels) were lifted at the Consortium Marine Terminal. This is a record month volume of the entire operation of Tengiz-Novorossiysk crude pipeline system.

The previous record was achieved in March 2016 when 4,210,000 tons of crude oil were loaded on tankers in that month.
Over the entire history of the Consortium more than 4.3 thousand tankers have been loaded at the Marine Terminal, with more than 460 million tons of oil lifted. Kazakhstani producers account for about 398 million tons of crude oil of that volume and the Russian producers account for the rest.
As a reminder: in 2015 CPC Marine Terminal became the winner of the Oil Terminal 2015 International Competition. It is already the fourth prize of the Terminal received since CPC has entered that competition. Earlier it became a laureate of the Oil Terminal International prize in the nominations “Best Process Equipment”, “Reliable Partner” and “Sustainability”

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%.

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