Caspian Pipeline Consortium Oil Pipeline

Summary Information

• Source: Western Kazakhstan
• Destination: Black Sea terminal, six miles (10 km) north of the Port of Novorossiysk
• Ownership: Transneft, KazMunaiGaz (KMG) and Chevron
• Website: http://www.cpc.ru/
• Length: 1,500 kilometres (900 miles)
• Capacity: 730,000 barrels of oil per day
• Crude Type: [[[CPC Blend Crude Oil]]]

+++ The Route

• From Western Kazakhstan to a dedicated terminal in the Black Sea

+++ Pipeline Status

• The pipeline is in operation but an expansion project is planned
• Oil from [[[Karachaganak Oil And Gas Field]]] is transported in the pipeline
• The capacity of the pipeline, will increase to 1.4 million barrels per day from its current capacity of 730,000 barrels per day.
• Following the project, the pipeline will transport increased volumes of [[[Tengiz Crude Oil]]]
• Fluor will provide project services for the marine terminal and supervisory control and data system (SCADA) portions of the Pipeline Expansion project

+++ History

• 1997 - Russian assets in the CPC system that had been mothballed were acquired by CPC
• 1997 - Lukoil & Arco agree to invest in CPC
• 2001 - CPC for the first time loaded crude oil onto a tanker at its Marine Terminal
• 2010 - CPC Expansion Project Sanctioned
• 2011 - Fluor awarded contract for project services for the marine terminal and supervisory control and data system (SCADA)
• 2012 - First CPC Expansion Facility Completed
• 2013 - Caspian Pipeline Consortium Loaded 3000th Tanker

+++ Other Information

• Fluor was the original program management contractor
• The original project involved refurbishing more than 700 kilometers of existing pipeline and building an additional 740 kilometres

+++ Links

1. Expansion of the CPC, Transneft
2. CPC Crude Oil Pipeline Integrity Review and Rehabilitation Plan
3. Chevron and Other Shareholders Sanction Caspian Pipeline Expansion
4. Fluor Awarded Caspian Pipeline Expansion Contract in Kazakhstan & Russia
5. CPC Terminal April Oil Liftings Back to Record 2010 Monthly Average
6. ARCO, LUKOIL Formalize Joint Venture Agreement; First Investment is in Caspian Pipeline Consortium
7. First CPC Expansion Facility Completed
8. CPC Signs Facility Agreement
9. Caspian Pipeline Consortium Loaded 3000th Tanker