Kazakhstan shipped in January over 3.5 tons of crude through the Caspian Pipeline Consortium marine terminal

Nur-Sultan, February 10 - Neftegaz.RU. According to NewEurope, the Caspian Pipeline Consortium (CPC) marine terminal loaded 4,120,449 gross tons (32,668,264 barrels) of crude oil in 41 tankers.

CPC announced:

• 4,120,449 tons lifted in January 2021
• 1,716,955 tons of crude was from the Tengiz field
• 993,792 tons from Karachaganak field
• 817,329 tons from Kashagan field
• 1,164 tons from other Kazakhstani producers

In January, 2021 the Kazakh producers shipped in total 3,529,240 tons of crude oil, and 591,209 tons of lifted crude was received from the Russian territory.
The current monthly loading record was hit in March 2020. CPC MT then lifted 6,450,676 gross tons (51,118,685 barrels).

Since 2001 through to January 31, 2021, 708 975 304 net tons of crude oil were delivered to the world markets via the Tengiz-Novorossiysk oil pipeline system; 618,198,419 tons of that crude came from Kazakhstan and 90,776,885 tons of crude were produced in Russia.

The Caspian Pipeline Consortium 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 2/3 of all Kazakhstan’s export oil,
• crude oil from Russian fields, incl. those located in the Caspian.

CPC shareholders:

• Russia (Transneft 24% and CPC Company 7%) - 31%;
• Kazakhstan (KazMunayGas 19% and Kazakhstan Pipeline Ventures 1.75%) - 20.75%;
• Chevron Caspian Pipeline Consortium company - 15%,
• LUKARCO B.V. – 12.5%,
• Mobil Caspian Pipeline company - 7.5%,
• Rosneft-Shell Caspian Ventures Ltd - 7.5%,
• BG Overseas Holding Ltd - 2%,
• Eni International - 2%,
• Oryx Caspian Pipeline – 1.75%.

Author: Akdana Baubekova