...

Inadvertent oil leak inspection forces Caspian Pipeline Consortium to halt operations

Economy Materials 1 April 2025 10:38 (UTC +04:00)
Inadvertent oil leak inspection forces Caspian Pipeline Consortium to halt operations
Madina Usmanova
Madina Usmanova
Read more

ASTANA, Kazakhstan, April 1. Russia's Federal Service for Supervision of Natural Resources (Rosgosnadzor) conducted an unscheduled inspection of the Caspian Pipeline Consortium (CPC) from March 27 through March 31, 2025, following the results of which CPC was issued a prescription to eliminate the identified violations and a protocol on temporary suspension of works at the offshore mooring facilities (MPS) of CPC-1 and CPC-2, Trend reports via the CPC press service.

“Also, based on the results of the inspection and certification of the CPC Marine Terminal facilities by the Russian Maritime Register of Shipping (RMRS), the class of OMF CPC-1 (RS 010784) and OMF CPC-2 (RS 010799) was suspended from March 31, 2025. Following legislative requirements, CPC has removed both facilities from operation until the identified deficiencies are corrected,” the statement reads.

All transshipment operations will be carried out through OMF-3, which was commissioned in 2014.

“The shareholders of CPC have been notified of the supervisory authorities' directives,” the company noted.

The shareholders include Transneft – 24 percent, KazMunayGas – 19 percent, Chevron Caspian Pipeline Consortium Company – 15 percent, LUKOIL International GmbH – 12.5 percent, Mobil Caspian Pipeline Company – 7.5 percent, Rosneft-Shell Caspian Ventures Limited – 7.5 percent, BG Overseas Holding Limited – 2 percent, Eni International N.A. N.V. – 2 percent, and Oryx Caspian Pipeline LLC – 1.75 percent.

The data of Kazakhstan's national company KazMunayGas show that 63.1 million tons of oil, including 55.7 million tons of oil shipped through the CPC pipeline in 2024.

Tags:
Latest

Latest