Caspian Pipeline Consortium to hold general meeting

A meeting of shareholders of the Caspian Pipeline Consortium (CPC) starts in Moscow today, RBC reports. According to official data, at the meeting, which traditionally lasts two days (July 3-4), shareholders will discuss the current matters of operating activities. A source close to the consortium's shareholders told RBC that the meeting, which will for the first time be held with the participation of the Russian pipeline company Transneft, is most likely to touch upon such issues as tariffs, expanding the system's capacity, as well as the issue of loan rates being paid out to shareholders.