• 2023 May 31 14:30

    CPC lifted approximately 27.1 mln tonnes of crude oil from its Marine Terminal

    On 26 May, the 8-thousandth oil tanker in the history of the pipeline system's operation departed from CPC

    As of 30 May 2023, CPC lifted approximately 27.1 mln tons of crude oil from the Marine Terminal, loading 249 tankers. On 26 May this year, the 8-thousandth oil tanker in the history of the pipeline system's operation departed from CPC Single Point Mooring, CPC General Director Nikolay Gorban said at CPC-R Board of Directors’ Meeting.

    It was noted that in the first five months, the Consortium's important indicators were 6.2 million accident-free man-hours worked and 12.5 million kilometers of total vehicle mileage without MVAs.

    There was also a report on closing of regulatory authorities’ findings received after the unscheduled field inspections of Rosprirodnadzor, Rostekhnadzor and Rostransnadzor. As of 30 May 2023, all findings are cleared.

    The Board of Directors’ Meeting discussed the progress of the Debottlenecking Program (DBNP) implementation. It was noted that the work had been completed in 2022 APS-4A, APS-5A, PS-2, Komsomolskaya PS and Atyrau PS, with some stations ahead of schedule. Having given a positive assessment of the DBNP implementation progress, the Shareholders discussed the status of the final DBNP activities.

    CPC governance bodies’ members were informed of the work going on the Single Point Moorings to replace hoses, expansion joints and marine breakaway couplings with the service life expiring in 2023. This work was successfully completed at SPM-2 in April. On 29 May 2023, CPC proceeded to work at SPM-3.

    The organizational and technical measures for the planned replacement of SPM-1 and SPM-2, also with engagement of Russian design engineering companies, were discussed.

    CPC Officers reported to the Shareholders on the ongoing activity to search for alternative manufacturers and suppliers for 126 product line items of foreign-made equipment, the supply of which had been discontinued. As of today, Russian manufacturers have been found for 121 alternative items.

    CPC's ongoing consistent efforts to reduce emissions of volatile organic compounds (VOC) during oil tanker loading became another topic for discussion. CPC has already amended its internal regulations referring to loading operations, and is discussing possible innovations in respect of reducing VOC emissions in close contact with public and experts.

    The Shareholders also reviewed CPC-R JSC and CPC-K Financial Statements.

    CPC Pipeline System is one of the major investment projects with foreign capital in energy sector in the CIS. The length of the Tengiz – Novorossiysk pipeline is 1,511 km. This route transports over two-thirds of all Kazakhstan export crude, as well as crude from Russian oil fields, including those in the Caspian Region. CPC Marine Terminal is equipped with three Single Point Moorings (SPM) that allow to load tankers safely at a significant distance offshore, also amid poor weather conditions.

    CPC Shareholders: Federal Agency for State Property Management represented by Transneft (trust management) – 24%, CPC Company – 7%, KazmunayGas – 19%, Kazakhstan Pipeline Ventures LLC – 1.75%, Chevron Caspian Pipeline Consortium Company – 15%, LUKARCO B.V. - 12.5%, Mobil Caspian Pipeline Company– 7.5%, Rosneft-Shell Caspian Ventures Limited– 7.5%, BG Overseas Holding Limited– 2%, Eni International N.A. N.V. S.ar.l. – 2% and Oryx Caspian Pipeline LLC – 1.75%.




2024 March 28

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17:05 Investors upgrade Navios Maritime Partners
16:25 DEME reports 22% increase in the orderbook and a record-high turnover of 3.3 billion euros in 2023
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15:41 AD Ports Group announced the opening of Saadiyat Marina & Ferry Terminal and Rabdan Marina
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13:48 ClassNK grants Innovation Endorsements for Products & Solutions to two innovative initiatives by MOL
13:37 Konecranes launches its flagship Konecranes X-series industrial crane
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12:26 Ocean Network Express announces Transpacific service
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2024 March 27

18:22 Bureau Veritas awards world’s first prototype certification for SolarDuck’s floating offshore solar solution
17:58 The recently converted Allseas's shallow water pipelay barge starts preparations for its first commercial project
17:38 The Port of Rotterdam calls on the European Commission and Parliament to focus on actively promoting green energy
15:23 SEFE to become sole shareholder of WIGA
14:53 Ocean Installer secures yet another SLM contract with Equinor
14:23 Cadeler signs offshore wind turbine installation contract for the vessel Wind Scylla
13:42 Carnival Cruise Line orders 5th Excel-class cruise ship
13:11 Maersk and MSC overcharging cargo owners for EU ETS, says T&E
12:52 The Port Authority of Valencia launches the ZAL project in the Port of Valencia
12:11 Clarkson Port Services and Peak Group collaborate to deliver Port Agency services across the North Sea
11:42 Wan Hai Lines holds ship naming ceremony for new vessels
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10:49 Seaspan Shipyards receives long-term contracts for the pre-construction work of the the Canadian Coast Guard's first six multi-mission vessels
10:14 Woodside completes sale of 10% scarborough interest

2024 March 26

18:02 COSCO Shipping Lines introduces new Americas service
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16:57 Terntank places an order for 1+1 additional wind/ methanol-ready hybrid tanker
16:28 BW LNG completes acquisition of two TFDE vessels from Stena Bulk
15:50 Hanwha Ocean develops VR-based special vehicle simulator
15:20 TotalEnergies and SINOPEC join forces to produce sustainable jet fuel at a SINOPEC's refinery
14:52 Wärtsilä Lifecycle Agreement to guarantee operational reliability of new wind farm installation vessel
14:23 Hudong-Zhonghua launches two LNG carriers
13:51 Cargo ship hits Baltimore’s Key Bridge
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12:42 Adani Ports acquires 95% of Odisha's Gopalpur Port from SP Group for $162 million
12:21 IHI and Yara Clean Ammonia agree to jointly assess clean ammonia business collaboration
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11:16 Wartsila and Royal Caribbean Group celebrate 15 years of collaboration on digital transformation
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2024 March 25

18:07 The Maritime and Port Authority of Singapore continues to investigate reports of oil spills off the port of Tuas
17:31 “K” Line, NIPPON HAKUYO and OPT Gate sign an agreement for a new fire detection system for car carriers
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16:25 U-Ming Singapore and ITOCHU sign milestone MoU for the joint development of ammonia dual-fuel and de-carbonized vessels
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15:04 Wallenius Wilhelmsen signs contracts for four 9,300 CEU vessels with China Merchants Jinling Shipyard
14:40 Taiwan International Port to upgrade terminal facility at Kaohsiung
13:59 Сruise ship Carnival Freedom catches fire near Bahamas
12:59 Hanwha Ocean wins 2.4 tln-won order for 8 LNG ships
11:16 Inland Ports meet in Paris to talk about the innovation potential of inland ports
10:50 IMO agrees possible outline for maritime “net-zero framework”
10:24 Hapag-Lloyd to continue to avoid the Red Sea route
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2024 March 24

16:18 Inchgreen Marine Park upgraded as part of £11m investment
15:14 A ribbon-cutting ceremony for Solent Rail Terminal Rail was held at the Port of Southampton
14:08 ESNA and Strategic Marine join forces to offer Surface Effect Ship (“SES”) Crew Transfer Vessels (“CTV”) to the market
13:07 First LNG powered vessel calls at HIP
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11:32 Equinor ASA posts net income at USD 11.9 billion in 2023
09:25 Edda Wind announces the sale of Edda Passat