CPC shareholders approve contract with Kliver shipyard to localize manufacturing of single point moorings
MOSCOW. July 5 (Interfax) - The Caspian Pipeline Consortium (CPC) plans to sign a contract with Kaliningrad-based Kliver LLC on July 25 to localize the manufacturing of single point moorings (SPM), CPC CEO Nikolai Gorban told the Panorama CPC corporate publication.
"The process is underway. We have signed a large contract and have already begun manufacturing. We expect the first communication and telemetry systems for testing to arrive by the end of the year. Additionally, the shareholders have agreed that that I will sign a large contract with Kaliningrad-based Kliver shipyard on July 25. We will achieve our goal to localize and manufacture the technology in Russia completely from Russian components. I will talk about this considerably at that time. We are currently at the start of the path, though we have already begun. We are already moving, and that is it, there will be no stopping," Gorban said.
As reported, CPC intends to replace SPM-1 and SPM-2, which have been in service more than 20 years in 2026. Delivery of these to the marine terminal is expected at the end of 2025. SPM-3 was introduced in 2014 - it does not yet need to be replaced.
Gorban also said CPC continues to work on the import substitution of the main components and assemblies: "We are working very closely with Transneft , we are also following the import substitution path, and practically everything is working out for us here. Even the SCADA [supervisory control and data acquisition], which will need to be replaced next year, will be Russian. We'll be replacing SCADA entirely. Now it's the gas turbines. We're designing them, we've have already received approval for the terms and conditions. We'll be moving away from the Siemens gas turbine unit, and a new electrified pumping station will be located there. And in February next year we will receive the first assembly for testing. We've developed our universal pump for CPC together with Transneft, at their factories," Gorban said.
He said the system has some components and assemblies that it would be inadvisable to localize production of. "For example, the floating and subsea hoses. Well, there is nothing to be gained by producing them in the country, there's no demand. We are the only ones who use them. So yes, we are currently purchasing things like that."
The CPC transported and exported 63.47 million tonnes of oil in 2023, up 8.1% from 2022. The latest 2024 forecast is 65.2 million tonnes, 7% of the target of more than 70 million tonnes.
The 1,511 km CPC pipeline connects oil fields in western Kazakhstan and Russian fields on the Caspian shelf with the marine terminal in Novorossiysk. The system is the main export route for Kazakh oil, accounting for more than 80% of Kazakhstan's volumes pumped through the pipeline.
CPC's shareholders are the Russian Federation with 31%, with Transneft managing 24% and 7% on the balance sheet; KazMunayGas with 19%; Kazakhstan Pipeline Ventures LLC with 1.75%; Chevron Caspian Pipeline Consortium Company with 15%; LUKARCO B.V. with 12.5%; Mobil Caspian Pipeline Company with 7.5%; Rosneft-Shell Caspian Ventures Limited with 7.5%; BG Overseas Holding Limited with 2%; Eni International N.A. N.V. S.ar.l. with 2%; and Oryx Caspian Pipeline LLC with 1.75%.
