Nikolai Platonov has become the new director general of the Caspian
pipeline consortium (CPC), a message on the CPC website says, Trend
reports. Platonov will replace Alexander Tarakanov.
The decision was made at a closed meeting of CPC shareholders on
November 23-24. Platonov was introduced by Transneft, which represents
the interests of the Russian government as a shareholder.
Vyacheslav Sergeyev was approved as the chief manager for expansion of
the CPC project, Roman Vasylyev – as the chief manager for
exploitation and technical maintenance.
The CPC expansion project involves increasing the pipeline capacity to
67 million tons of oil annually, construction of 10 additional
oil-pumping stations (two in Kazakhstan, eight in Russia), 6
reservoirs for oil storage in Novorossiysk and a third single-point
mooring at the sea terminal of the CPC and replacement of 88
kilometers of pipeline on the territory of Kazakhstan. The project is
planned to be financed using the consortium’s capital. The expansion
will be completed in 2014.
The CPC shareholders are Russia’s Transneft (24%) and CPC Company
(7%), Kazakhstan’s Kazmunaygaz (19%) and Kazakhstan Pipeline Company
(15%), LUKARCO B.V. (12.5%, Mobil Caspian Pipeline Company (7.5%),
Rosneft-Shell Caspian Ventures Limited (7.5%), BG Overseas Holding
Limited (2%), Eni International N.A. N.V. (2%) and Oryx Caspian
Pipeline LLC (1.75%).
