BAKU, Azerbaijan, June 30. The Caspian Pipeline Consortium (CPC) successfully concluded the planned replacement of floating hoses at its single-point mooring (SPM-3) at the Maritime Terminal located in Russia's Novorossiysk, Trend reports.
According to the company, in accordance with strict adherence to industrial and environmental safety protocols, the external and internal hoses (flexible floating hose connections) were disconnected from the single-point mooring.
Moreover, as part of the planned replacement, three hoses, two marine breakaway couplings, and two compensators were dismantled, and the entire equipment was reassembled.
The hydraulic tests conducted on the SPM-3's system following the repair were completed successfully. The water used during the procedure was loaded onto a tanker on June 30 for proper disposal, adhering to environmental safety requirements. Currently, the SPM-3 is fully operational with oil being loaded.
The CPC pipeline system is one of the largest investment projects in the energy sector with the participation of foreign capital in the CIS. The length of the Tengiz-Novorossiysk pipeline is 1,511 km. This route transports more than two-thirds of Kazakhstan's total export oil, as well as raw materials from Russian fields, including those located in the Caspian Sea.
The CPC marine terminal is equipped with three single-point moorings (SPMs) that allow tankers to be safely loaded at a considerable distance from the shore, including in adverse weather conditions.
CPC shareholders include PJSC Transneft, representing the Federal Agency for State Property Management (24 percent); CPC Company (7 percent); KazMunayGas JSC (19 percent); Kazakhstan Pipeline Ventures LLC (1.75 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 Holdings Limited (2 percent); Eni International N.A. N.V. S.ar.l. (2 percent); and Oryx Caspian Pipeline LLC (1.75 percent).