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Market and Company News
27.06.2003 00:00

Pipeline of CPC since the start of its work has loaded 180ieth tanker

/Kazakhstan today, June 27, 03/ - On Wednesday, June 25 Caspian Pipeline Consortium loaded the 180ieth tanker since the moment of starting working in October of 2001. As of June 26 CPC delivered to the world markets 18.9 m. tons of oil. Since the beginning of 2003 volumes of pumping equaled to 6.85 m. tons of oil. A correspondent of KZ-today was informed about it by the press-service of CPC in Moscow.

At present oil of five consignors of goods is transported by the system of CPC. Volumes of monthly pumping gradually increase and now are equal to 1.2 - 1.3 m. tons.

Stake of participation of governments-founders of CPC are distributed in the following way: Russia - 24%, Kazakhstan - 19%, Sultan Oman - 7%. Among private oil companies-participants of the consortium - Shevron Caspian Pipeline Consortium Company - 15%, LUKARKO B.V. -12.5%, Rosneft-Shell Caspian Ventures Ltd. - 7.5%, Mobile Caspian Pipeline Holding - 7.5%, Ajip International N.V. - 2%, BG Overseas Hlding Ltd. - 2%, Kazakhstan Pipeline Ventures LLC - 1.75% and Orix Caspian Pipeline LLC - 1.75%.

[2003-06-27]