Meeting of Prime Minister of the Republic of Kazakhstan with CPC Head

Source: 5/26/2022, Location: Asia

Alikhan Smailov, Prime Minister of the Republic of Kazakhstan, had a meeting with CPC General Director Nikolay Gorban on 26 May 2022 in Nur-Sultan.

The parties discussed the matters of international cooperation in hydrocarbon transportation. CPC General Director informed the RoK Government Head of the Consortium’s 2021 performance results and plans for the current year.

At the meeting, particular attention was paid to the recent repairs on two Single Point Moorings (SPM-3 and SPM-2) of CPC Marine Terminal near Novorossiysk damaged by storms. The repairs have been currently completed successfully and all three SPMs of the Consortium are in routine operation.

In 2021, 60.7 gross million tons of crude oil were lifted from CPC Marine Terminal, almost 3% more than in 2020. December when 6.2 mln tons were loaded on vessels became the top month of 2021.

Of 60.7 mln tons of crude lifted from the Marine Terminal in 2021, 53 mln tons of crude were delivered by Kazakhstani Shippers, another 7.6 mln tons of loaded crude came from Russia. The largest volumes of crude came to CPC pipeline system in 2021 from Tengiz, Karachaganak and Kashagan fields.

In June 2019, CPC started the implementation of the Debottlenecking Program which will help to optimize the transportation process and receive additional capacities for oil pumping. In Kazakhstan, the important stages of the said work will include the upgrade of the pumps and all support systems at Tengiz PS. After completion of work of this Program, CPC will be capable of transporting up to 72.5 mln tons of oil per year from Kazakhstan with optimized use of drag reducing agents and up to 83 mln tons of oil per year with Russian Shippers’ crude.

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