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The Caspian Pipeline Consortium (CPC) is a consortium and an oil pipeline that transports Caspian oil from the Tengiz oil field in Kazakhstan to the Novorossiysk-2 Marine Terminal, an export terminal at the Russian Black Sea port of Novorossiysk. [1]
Although, the pipelines were only temporarily shut down for security reasons and were not targeted or damaged in the conflict, their future expansion and the construction of related new pipeline projects, such as the Kazakh-Caspian Transportation System, the Trans-Caspian gas pipeline and Nabucco are now uncertain.
In January 2006, as a result of the Russia-Ukraine gas dispute, interest in the Trans-Caspian Gas Pipeline project was rekindled. [7] On 11 January 2006, Azerbaijan's prime-minister Artur Rasizade proposed to his Kazakhstan counterpart Daniyal Akhmetov that Kazakhstan gas be exported through the South Caucasus Pipeline to Turkey and from there to the European market. [8]
Russian gas is no longer flowing to EU states through Ukraine following the expiration of a five-year deal, closing an energy route that has existed since the end of the Soviet Union in 1991.
The other Caspian Sea oil pipeline, which runs through the Russian breakaway republic of Chechnya to the Russian port of Novorossisk, is often shut down. The new pipeline to Georgia has a capacity of 100 million barrels per day (16,000,000 m 3 /d).
The pipeline, which carries about 17% of the United States' oil production, had been shut down on October 4 after being pierced with a bullet in an apparent act of criminal mischief. (DJ) October 15 The first tanker loading of the new $2.5-billion Kazakh-Russia Pipeline takes place. This is a trial run that informally inaugurates the pipeline.
The Colonial Pipeline has temporarily shut its main gasoline line – America’s largest fuel pipeline – because of leak in Georgia, the pipeline’s operator and local officials said. Line 1 ...
The Trans Mountain oil pipeline, which ships 300,000 barrel per day of crude and refined products from Alberta to Burnaby, near Vancouver, also shut down entirely on Sunday.