The Caspian Pipeline Consortium (CPC) expects to increase the volume of oil transportation through its facilities in 2018 and exceed the figure of 60 million tons, the General Director of CPC N. Gorban said.
CPC completed a large-scale project to expand the pipeline system and reached the design capacity. CPC completed 2017 with an indicator of more than 55 million tons.
The CPC General Director explained that within the framework of the project to expand the oil pipeline system’s capacity, which began in 2011, 10 oil pumping stations were built. The project was invested more than $ 5 billion.
At the end of 2017, the last station was introduced in Kalmykia – NPC-2, and it is the most remote one. On April 18, 2018 the official launch of this station will take place.
The length of the pipeline that connects the oil fields of Western Kazakhstan with the sea terminal in Novorossiysk is 1,511 km.
The CPC has begun to expand the capacity of its oil pipeline system to 67 million tons of oil per year in 2011. Over 173 years of operation of the CPC pipeline system, over 530 million tons of oil has been pumped and 5,000 tankers have been shipped.
