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News 2023

CPC

In 2023, the Caspian Pipeline Consortium (CPC) plans to achieve a record volume of oil exports 63.7 million tonnes.

The company's press service reported this.

The figure will exceed the previous record of 2019, when 63.3 million tonnes of oil were exported.

From the beginning of the year until October 3, about 48.2 million tonnes of oil were shipped on 441 tankers at the CPC Marine Terminal (MT) near Novorossiysk, as noted by Kabyldin, Deputy General Director of CPC-K.

Last month, the company handled 48 tankers, exceeding the September loading plan by 211 thousand tonnes.

Kabyldin emphasised that compared to September 2022, the volume of oil shipped to the MT increased by 1.4 million tonnes.

It was also announced that starting from 2026, CPC plans to replace 2 remote mooring devices that have been in operation since 2001.

All necessary replacement equipment will be produced in Russia.

In the next few years, it is also planned to replace 400 km of the linear part of the main oil pipeline.

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