CPC Increased Oil Export By 4.7% In January-February

CPC Increased Oil Export By 4.7% In January-February

The Caspian Pipeline Consortium (CPC) exported 8.084 mln tons of oil in January-February 2017, 4.69% up year on year, the message reports.

According to the consortium, oil export amounted to 3.905 mln tons in February against 3.81 mln tons year on year.
The volume of oil export last year made 44.298 mln tons , 3.6% up in comparison to 2015.

CPC is owned by Russian Transneft-24% and CPC company-7%, Kazakhstani KazMunayGas-19% and Kazakhstan Pipeline Ventures LLC – 1,75%, Chevron Caspian Pipeline Consortium 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%.

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