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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]
Caspian Pipeline Consortium, an oil pipeline from Kazakhstan to Russia; Trans-Caspian Gas Pipeline, a planned natural gas pipeline from Turkmenistan to Azerbaijan;
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 ...
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 ...
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]
Kashagan Field (Kazakh: Қашаған кен орны, Qaşağan ken orny) is an offshore oil field in Kazakhstan's zone of the Caspian Sea. [2] The field, discovered in 2000, is located in the northern part of the Caspian Sea close to Atyrau and is considered the world's largest discovery in the last 30 years, combined with the Tengiz Field. [3]
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]
A law that Michigan's Republican-led Legislature hurriedly passed during a lame-duck session in December authorizing construction of an oil pipeline tunnel beneath the channel linking lakes Huron ...