Source Pravda.Ru

Caspian Pipeline Consortium Starts Operating

The Caspian Pipeline Consortium (CPC) starts to deliver oil to world markets. CPC Director General Sergei Gnatchenko said at a Moscow press conference that the first tanker has been loaded at the new CPC terminal in Novorossiisk on the Black Sea. The company Tengizshevroil chartered the tanker. Oil comes to the CPC terminal from the Tengiz field in Western Kazakhstan. Oil pumping into the CPC pipeline started March 26, 2001 in Kazakhstan's Atyrau. About 1 million tons of oil was necessary to fill the system up. After the construction of the first section of the pipeline from Tengiz to Novorossiisk, 1510 km in overall length, is completed, the pipeline's capacity will total 28.2 million tons of oil a year. When a number of extensions are added, the maximum carrying capacity of the pipeline will amount to 67 million tons a year. Kazakhstan's Ambassador to Russia Tair Mansurov, who was present at the press conference, said that the CPC project sets a good example of successful international cooperation. Eleven companies from six countries have shown that it is possible to implement an international investment project with total value of $2.6 billion in Russia and Kazakhstan.

Comments
North Korea is not a threat to the US
North Korea is not a threat to the US
Torturing Jerusalem with USA's help: No peace, but eternal war for Jews and Arabs
Tel Aviv, Jerusalem, capitals and puppets
North Korea is not a threat to the US
North Korea is not a threat to the US
North Korea is not a threat to the US
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
North Korea is not a threat to the US
ISIS threatens to conduct large-scale terrorist attacks in USA for Jerusalem decision
North Korea is not a threat to the US
Donbass without militia will be worse than Srebrenica - Putin
Russia not pulling out from any international agreements, Putin says
USA to ruin Russian-Japanese relationship with the help of Aegis Ashore system
Putin to Sobchak: We will never let them turn Russia into another Ukraine
North Korea is not a threat to the US
Should Russian athletes go to non-Olympic Games in South Korea?
Russia on the eve of another Crimea referendum
Russia to install laser navigation system on the Moon