Caspian Pipeline Consortium increases CPC Blend oil export
Baku, Azerbaijan, Jan.11
By Maksim Tsurkov - Trend:
In 2015, the Caspian Pipeline Consortium (CPC) shipped from the Russian Southern Ozereyevka-2 terminal 42.76 million tons of CPC Blend oil against 39.96 million tons of oil in the same period last year, according to the CTC report posted on the website of the consortium Jan.11.
In December, oil shipment from the terminal located near the port of Novorossiysk was 4.06 million tons of oil against 3.54 million tons of oil in December 2014.
The shareholders of the CPC pipeline with a length of 1,510 kilometers are: Transneft - 24 percent, KazMunaiGas - 19 percent, Chevron - 15 percent, LUKARCO - 12.5 percent, Mobil Caspian Pipeline Company - 7.5 percent, Rosneft-Shell Caspian - 7.5 percent, CPC Company - 7 percent, BG - 2 percent, Eni - 2 percent, Kazakhstan Pipeline Ventures - 1.75 percent and Oryx Caspian Pipeline - 1.75 percent.
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