OREANDA-NEWS. July 19, 2012. Caspian Pipeline Consortium has completed connection of Marine Terminal facilities to Neftenalivnaya 110/10KV substation near Novorossiysk. The 3.1MW process hookup of CPC users to JSC  Kubanenergo grids permitted the company to provide power supply not only for the existing facilities of the consortium oil pipeline system, but also for those being additionally erected in line with the forthcoming throughput capacity increase of  Tengiz-Novorossiysk Trunk Oil Pipeline.  Under Expansion Project it is planned to build six more 100 000m? crude oil storage tanks at Marine Terminal Tank Farm in addition to the four existing ones and the third single point mooring.

So far, since commissioning of Marine Terminal, its facilities have been powered by diesel turbines. Switch-over to external power supply with concurrent decommissioning and transfer to standby of the existing diesel turbines will optimize power supply costs of MT facilities and reduce drastically environmental impact. Harmful emissions will be cut by at least 50%.

Substation connection operations were carried out by CPC specialists in close collaboration with employees of YUZES - JSC  Kubanenergo branch.

The CPC pipeline system is one of the largest investment projects with foreign capital in the CIS. The length of the pipeline connecting oil fields in Western Kazakhstan with Marine Terminal in Novorossiysk is 1,511 km.

From its start, CPC Project provided for future throughput capacity increase 2.5 times - up to 67 MTA of crude oil (with DRA 76 MTA).

The Expansion Project includes upgrades of 5 existing pump stations and construction of 10 additional ones (2 in the Republic of Kazakhstan and 8 in the Russian Federation), six 100 000m? crude oil storage tanks near Novorossiysk, as well as the third single point mooring at CPC Marine Terminal and replacement of 88 km of pipelines in Kazakhstan with a larger diameter pipe. The total amount of the Project investments will be USD  5.4 billion.

CPC Shareholders: Russian Federation (represented by Transneft - 24% and CPC Company - 7 %) - 31%; Republic of Kazakhstan (represented by Kazmunaygaz - 19% and Kazakhstan Pipeline Ventures LLC - 1.75%) - 20.75%; Chevron Caspian Pipeline Consortium Company - 15%, LUKARCO B.V. - 12.5%, Mobil Caspian Pipeline Company - 7.5%, Rosneft-Shell Caspian Ventures Limited - 7.5%, BG Overseas Holding Limited - 2%, Eni International N.A. N.V. - 2% and Oryx Caspian Pipeline LLC - 1.75%.