Baku, Azerbaijan, April 5
By Maksim Tsurkov - Trend:
The Caspian Pipeline Consortium (CPC) shipped 11.93 million tons of CPC Blend oil from Russia's Yuzhnaya Ozereyka-2 terminal in the Q1 of 2016 versus 10.98 million tons of oil shipped during the same period 2015, read CPC's message posted on its website Apr.5.
The CPC shareholders in 2015 shipped from the terminal 42.76 million tons of oil produced at Kazakhstan's Tengiz and Karachaganak fields, as compared to 39.96 million tons of oil shipped in 2014.
The shareholders of the CPC pipeline, which has 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).
---
Follow the author on Twitter: @MaksimTsurkov