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2008 October 1   11:51

Oil export by CPC down 6.8% to 22.9 mln t in Jan-Sep 08

In January-September 2008 oil export by Caspian Pipeline Consortium via Yuzhnaya Ozereika-2 in the port of Novorossiysk amounted to 22.887.703 million tonnes (-6.8%, year-on-year), the company’s statistics materials read.

In September 2008, CPC pumped 2.370.932 million tonnes (-4.28%, year-on-year).

CPC owns Tengiz-Novorossiysk pipeline dedicated to transporting oil from the Tengiz oil field in western Kazakhstan to Russia's Black Sea coast (1,580 kilometers long). The project’s design capacity is 67 million tonnes of oil. The interests of the CPC Founding Governments are as follows: Russia – 24%, Kazakhstan – 19%, Sultanate of Oman – 7%. Private oil companies participating in the Consortium are - Chevron Caspian Pipeline Consortium Company (15%), LUKARCO B.V. (12,5%), Rosneft-Shell Caspian Ventures Limited (7,5%), Mobil Caspian Pipeline Company (7,5%), Agip International (N.A.) N.V. (2%), BG Overseas Holding Limited (2%), Kazakstan Pipeline Ventures LLC (1,75%) и Oryx Caspian Pipeline LLC (1,75%).

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