Oil shipments via CPC Marine Terminal climbed by 4.5% to 46.46 million tonnes in 9M’19
In September 2019, CPC Marine Terminal (MT) lifted 4,949,435 gross tons (39,182,139 barrels) of crude oil, 47 tankers were handled. Septmber lifting schedule was completed in full.
As a note, 437 oil tankers were handled at the MT in January-September 2019, which took 46,467,050 gross tons of crude in their tanks.
Out of the 4,949,435 tons lifted in September 2019, 2,202,281 tons of crude was from Tengiz field, 484,766 tons from Karachaganak field, 1,502,700 tons from Kashagan field and 202,157 tons from other Kazakhstani producers.
In August, the Kazakhstani producers shipped in total 4,391,904 tons of crude, and 557,531 tons of lifted crude was received from the Russian territory.
From 2001 through September 30, 2019, 629,071,979 net tons of crude oil were delivered to the world markets via the Tengiz-Novorossiysk crude pipeline system. 547,982,059 tons of that crude came from Kazakhstan and 81,089,920 tons of crude was produced in Russia.
The CPC pipeline system is one of the largest investment projects with foreign capital in the energy sector in the CIS. The length of Tengiz-Novorossiysk pipeline is 1,511 km; more than two thirds of all export crude oil from Kazakhstan and crude oil from the Russian fields, including those in the Caspian Region, are transported by this route. CPC Marine Terminal is equipped with three Single Point Moorings (SPM) that allow to load tankers safely at a significant distance offshore, also in poor weather conditions.
CPC Shareholders: Russian Federation (represented by Transneft – 24% and CPC Company – 7%) – 31%; Republic of Kazakhstan (represented by Kazmunaygaz – 19% and Kazakhstan Pipeline Ventures LLC – 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 Limited – 7.5%, BG Overseas Holding Limited - 2%, Eni International N.A. N.V. - 2% and Oryx Caspian Pipeline LLC – 1.75%.
