| 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 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] It is one of the world's largest pipelines[1] and a major export route for oil from the Kashagan and Karachaganak fields. The CPC pipeline transfers about 1% of global oil supply[1] and handles almost all of Kazakhstan's oil exports.[2] In 2021, the pipeline exported up to 1.3 million barrels per day (bpd)[2] of Kazakhstan's main crude grade, light sour CPC Blend, which represented 80% of Kazakhstan's total oil production of 1.6 million bpd.
The pipeline's largest shareholders include Chevron and Exxon.[1] As of 2009[update], the CPC pipeline was the only oil export pipeline in Russian territory not wholly owned by Transneft.[3]
- ^ a b c d "Russian court lifts suspension for Caspian pipeline operations". Reuters. 11 July 2022. Retrieved 11 July 2022.
- ^ a b Valle, Sabrina; Bousso, Ron (11 July 2022). "Analysis: Oil majors face output slump, deep losses if Russia stops Kazakh pipeline". Reuters. Retrieved 11 July 2022.
- ^ Dellecker, Adrian (June 2008). "Caspian Pipeline Consortium, Bellwether of Russia's Investment Climate? Russie.Nei.visions no.31" (PDF). IFRI. Archived from the original (PDF) on 2008-12-07. Retrieved 2008-07-07.