In January-March 2008, Caspian Pipeline Consortium (CPC) transported 7.272.3 million tonnes of oil via Yuzhnaya Ozereika-2 terminal in the port of Novorossiysk (-11.3% against 8.197.1 million tonnes in the same period of 2007). In March CPC transported 2.495.448 million tonnes (-11.3% against 2.814.971 million tonnes in March 2007), RBC reports according to Neft Rossii. In 2007, CPC transported 32.612 million tonnes (+4.8%, year-on-year).
Caspian Pipeline Consortium 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 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%, Kazakhstan Pipeline Ventures LLC - 1,75% and Oryx Caspian Pipeline LLC - 1,75%.
