In April 2020 CPC Marine Terminal (MT) shipped 5 328 017 t (42 278 004 bbl) gross of crude oil, a 1 197 912 t or nearly 30 % YOY increase. In April 2020 МТ released 52 tankers. This takes the total number of vessels handled in the first four months of this year to 212.
Of 5 328 017 t shipped in April 2020 2 400 509 t came from Tengiz, 836 609 t – Karachaganak, 1 332 810 t – Kashagan, with 71 432 t from other Kazakhstan producers.
In total, Kazakhstan shippers moved in April 4 641 360 t while 686 657 t of oil shipments came from the territory of Russia. The April delivery schedule was satisfied fully.
From 2001 through 30 April 2020 the Tengiz – Novorossiysk pipeline transportation system supplied to world markets 668 110 451 t net as 582 814 809 t of this oil originated in Kazakhstan and 85 295 642 t were extracted in Russia. The total of tankers processed over this period has amounted to 6 287 units.
FYI:
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: CPC Shareholders are Russian Federation (represented by Transneft – 24% and CPC Company – 7 %) – 31%; Republic of Kazakhstan (represented by KazMunayGas – 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%.