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Caspian Pipeline Consortium increases oil shipment by over two million tons

Oil&Gas Materials 9 January 2014 14:18 (UTC +04:00)

Baku, Azerbaijan, Jan.9
By Emil Ismayilov - Trend:

Shareholders of the Caspian Pipeline Consortium (CPC) shipped 32.7 million tons of CPC Blend oil from the South Ozereyka-2 terminal in 2013 compared to 30.6 million tons in 2012, a message posted on the consortium's official website said on Jan.9.

Nearly 2.82 million tons of oil was shipped from the terminal in December 2013 compared to 2.74 million tons in December 2012, according to the consortium's message.

Over 31.8 million tons of CPC Blend oil was shipped from the South Ozereyka-2 terminal in 2011.

CPC shippers transporting and shipping crude at the terminal are:

- Tengizshevroil - the first signed agreement.

- Arman - affiliated shipper of the Oryx Caspian Pipeline LLC. Currently, it is owned by Shell.

- Embamunaigas and Kazoil-Aktobe - affiliated shippers of the Kazakstan Pipeline Ventures LLC.

- CNPC-Aktobemunaigas - carries out transporting and shipping of crude via the terminal using the right of access to the Kazakh government;

- Litasko - affiliated shipper of Lukarco B.V. Company.

- Karachaganak Petroleum Operating B.V. - the second shipper for the volume of transported oil after Tengizshevroil. It is affiliated with a number of CPC shareholders.

- NaftaTrans CJSC and affiliated companies are authorised to deliver oil from Russian producers to CPC in accordance to the rights of access to the Russian Federation.

Translated by L.Z.

Edited by S.M.

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