Baku, Azerbaijan, Apr. 3
By Maksim Tsurkov – Trend:
Caspian Pipeline Consortium (CPC) shipped 13.01 million tons of CPC Blend oil from Russia’s terminal Yuzhnaya Ozereyka-2 in the first quarter of 2017 as compared to 11.93 million tons in the same period of 2016, reads a message posted on the CPC website Apr. 3.
The consortium shipped 44.3 million tons of CPC Blend from the terminal in 2016 compared to 42.76 million tons shipped in 2015.
CPC shareholders are Transneft (24 percent), KazMunayGas (19 percent), Chevron (15 percent), LUKARCO (12.5 percent), Mobil Caspian Pipeline Company (7.5 percent), Rosneft Shell Caspian Ventures Ltd. (7.5 percent), CPC Company (7 percent), BG Overseas Holdings Limited (2 percent), Eni (2 percent), Kazakhstan Pipeline Ventures (1.75 percent) and Oryx Caspian Pipeline (1.75 percent).
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