Caspian Pipeline Consortium increases oil shipment significantly
Baku, Azerbaijan, May 5
By Emil Ismayilov - Trend:
Shareholders of the Caspian Pipeline Consortium shipped 12.93 million tonnes of CPC Blend oil from the South Ozereyka-2 terminal in January-April, 2014 compared to 10.35 million tons in January-April, 2013.
Nearly 3.48 million tonnes of oil were shipped from the terminal in April, 2014 compared to 2.65 million tonnes during the same month of 2013.
In total 32.7 million tons of CPC Blend oil were shipped in 2013 from South Ozereyka-2 terminal compared to nearly 30.6 million tons in 2012.
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 authorized to deliver oil from Russian producers to CPC in accordance to the rights of access to the Russian Federation.
Translated by S.I.