CPC Marine Terminal shipped 20.30 million tonnes of crude oil in 4M’2019, up 1.4% YoY
In April 2019, CPC Marine Terminal loaded 4,130,105 gross tons (32,753,965 barrels) of crude. 38 tankers left the Single Point Moorings in April. Lifting schedule was completed in full, CPC says in a press release.
Please note that 192 tankers were loaded and 20,306,512 gross tons of crude was lifted at the CPC Marine Terminal from January to April 2019.
Out of the 4,130,105 tons lifted in April, 1,939,053 tons of crude was from Tengiz field, 828,602 tons from Karachaganak field, 569,424 tons from Kashagan field and 135,025 tons from other Kazakhstani producers.
In April, the Kazakhstani producers shipped in total 3,472,104 tons of crude, and 658,001 tons of crude was received from the Russian territory.
In total, from 2001 through 30 April 2019, 602,922,271 net tons of crude was delivered to world markets via the Tengiz-Novorossiysk Crude Pipeline System (the 600-millionth ton of crude was lifted by the CPC Marine Terminal on 8 April 2019). 524,769,281 tons of that crude came from from Kazakhstan and 78,152,990 tons of crude was produced in Russia.
CPC Pipeline System is one of the major investment projects in energy sector with participation of foreign capital in the CIS. The length of the Tengiz–Novorossiysk Pipeline is 1,511 km; it transports over two thirds of all Kazakhstan export crude, as well as crude from Russian oil fields, including 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: 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%.
