Caspian Pipeline Consortium
The Caspian Pipeline Consortium (CPC) is a consortium and an oil pipeline to transport Caspian oil from Tengiz field to the Novorossiysk-2 Marine Terminal, an export terminal at the Russian Black Sea port of Novorossiysk. It is one of the world's largest pipelines and a major export route for oil from the Kashagan and Karachaganak fields. The CPC pipeline transfers about 1% of global oil supply and handles almost all of Kazakhstan's oil exports. In 2021, the pipeline exported up to 1.3 million barrels per day (bpd) of Kazakhstan's main crude grade, light sour CPC Blend, which represented 80% of Kazakhstan's total oil production of 1.6 million bpd.
| Caspian Pipeline Consortium | |
|---|---|
Location of Caspian Pipeline Consortium | |
| Location | |
| Country | Kazakhstan, Russia |
| General direction | east–west |
| From | Tengiz field, Kazakhstan |
| To | Novorossiysk, Russia |
| General information | |
| Type | oil |
| Partners | Transneft, Government of Kazakhstan, Chevron Caspian Pipeline Consortium Co., LukArco, Mobil Caspian Pipeline Co., Rosneft - Shell Caspian Ventures Ltd., Agip International (N.A.) N.V., Oryx Caspian Pipeline LLC, BG Overseas Holdings Ltd., Kazakhstan Pipeline Ventures LLC (KazMunayGas and BP) |
| Operator | CPC-R, CPC-K |
| Commissioned | 2001 |
| Technical information | |
| Length | 1,510 km (940 mi) |
| Maximum discharge | 1,400,000 barrels per day (220,000 m3/d) |
The pipeline's largest shareholders include Chevron and Exxon. As of 2009, the CPC pipeline was the only oil export pipeline in Russian territory not wholly owned by Transneft.