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It is split into two companies: CPC-R operates the Russian section of the pipeline and CPC-K operates the Kazakh section. [3] The shareholders of the consortium are: Transneft - 24%; KazMunaiGaz - 19%; Chevron Caspian Pipeline Consortium Co. - 15%; LukArco B.V. - 12.5%; Mobil Caspian Pipeline Co. - 7.5%; Rosneft - Shell Caspian Ventures Ltd ...
Caspian pipeline may refer to: Caspian Pipeline Consortium , an oil pipeline from Kazakhstan to Russia Trans-Caspian Gas Pipeline , a planned natural gas pipeline from Turkmenistan to Azerbaijan
The eastern branch includes the Central Asia – Center (CAC) 1, 2, 4 and 5 pipelines, which start from the south-eastern gas fields of Turkmenistan. The western branch consists of the CAC-3 pipeline and a project to build a new parallel Caspian pipeline. The western branch runs from the Caspian Sea coast of Turkmenistan to north. [1]
One solution that has been created in Russia is the Caspian Pipeline Consortium (CPC). Rosneft is a member and has been using the CPC's infrastructure since 1996 to ensure its product gets to ...
Oil from the Tengiz field is primarily routed to the Russian Black Sea port of Novorossiysk through the Caspian Pipeline Consortium (CPC) project. The Baku–Tbilisi–Ceyhan pipeline is an alternative pipeline developed by U.S. and UK interests originating in the Southern Caspian which is the principal export route for crude from Azerbaijan ...
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]
After an Enbridge pipeline leaked about 21,000 gallons (79,500 liters) of crude oil into a Kalamazoo River tributary in southern Michigan in 2010, the state formed a task force to review petroleum ...
Among other shareholders Chevron Caspian Pipeline Consortium Company has 15%, LukArco has 12.5%, Mobil Caspian Pipeline Company and Rosneft-Shell Caspian Ventures hold equal blocks of 7.5%, BG Overseas Holding and Eni International hold 2% each. Finally, 1% of CPC terminal shares is owned by Oryx Caspian Pipeline. [52] [67]