Baku, Azerbaijan, May 9
Trend:
The Marine Terminal of Caspian Pipe Coatings in January-April 2019 has loaded 192 tankers and 20.306 million tons of oil were loaded, which is 1.45 percent more than in the same period of last year, Trend reports via CPC press office.
Out of the 4,130,105 tons lifted in April, 1.939 million tons of crude was from Tengiz field, 828,602 tons from Karachaganak field, 569,424 tons from Kashagan field and 135,025 tons from other Kazakh producers.
In April, the Kazakh producers shipped in total 3.472 million tons of crude, whereas some 658,001 tons of crude was received from the Russian territory.
CPC Pipeline System is one of the major investment projects in energy sector with participation of foreign capital in the CIS. The length of the Tengiz–Novorossiysk Pipeline is 1,511 km; it transports over two thirds of all Kazakhstan export crude, as well as crude from Russian oil fields, including the Caspian Region.
CPC Shareholders: Russian Federation (represented by Transneft – 24 percent and CPC Company – 7 percent) – 31%; Republic of Kazakhstan (represented by Kazmunaygaz – 19 percent and Kazakhstan Pipeline Ventures LLC – 1.75 percent) – 20.75 percent; Chevron Caspian Pipeline Consortium Company – 15 percent, LUKARCO B.V. - 12.5 percent, Mobil Caspian Pipeline Company – 7.5 percent, Rosneft-Shell Caspian Ventures Limited – 7.5 percent, BG Overseas Holding Limited – 2 percent, Eni International N.A. N.V. – 2 percent and Oryx Caspian Pipeline LLC – 1.75 percent.