Stroytransgaz started welding for CPC pipeline section replacement in Kazakhstan
Tuesday, June 03, 2008
Stroytransgaz started welding works at the section 0-116 km for Caspian Pipeline Consortium (CPC) 0km-116km pipeline replacement project in Atyrau region (Republic of Kazakhstan). Agreement with project customer JSC «Caspian Pipeline Consortium-K» had been signed on 31 January 2008.
Stroytransgaz will procure and deliver materials (besides materials and equipment with long delivery time procured by CPC) and build the new pipeline section with length of 130.3 kilometers and 1020 millimeters diameter laid in a new route. Upon completion of construction and tie-in of newly constructed section into existing pipeline, Stroytransgaz will also dismantle of the old, decommissioned section of the oil pipeline.
Kazakhstan companies and specialists take active part in implementation of the project. Particularly, Kazakhstan institute of oil and gas developed for CPC engineering and design documentation considering high modern requirements to the technical parameters of the system, subcontractors taking part in construction are JSC «Kazhimmontazh Holding», CLL «Sparta», CLL «ABS» and CLL «Defectoscopiya».
Note
The Caspian Pipeline Consortium’s pipeline system runs 1510 kilometers and connects the Tengiz oil field in Kazakhstan with a marine terminal near Novorossisk in Russian Federation
The statute capital of CPC is evenly divided between states-founders and private oil companies. The shares of the founding states are distributed as following: Russia - 24 %, Kazakhstan – 19 %, Sultanate of Oman – 7 %. Private oil companies, participating in Consortium, include Chevron Caspian Pipeline Consortium Company (15%), LUKARCO B.V. (12.5%), Rosneft-Shell Caspian Ventures Limited (7,5%), Mobil Caspian Pipeline company (7,5%), Agip International (N.A.) N.V. (2%), BG Overseas Holdings Limited (2%), CLL Kazakhstan Pipeline Ventures (1,75%) and CLL Oryx Caspian Pipeline (1,75%).
