5 Jul 2023 14:21

CPC receiving oil from shippers after power supply stabilized

MOSCOW. July 5 (Interfax) - The Caspian Pipeline Consortium (CPC) has started receiving oil from shippers again after external power supply voltage was stabilized.

The CPC press office said the Atyrau oil pumping station restarted at 11:15 a.m. Moscow time, and the Tengiz OPS at 12:34 p.m. Moscow time.

The CPC connects the oil fields in the west of Kazakhstan and the Russian fields on the Caspian shelf with the sea terminal in Novorossiysk. The system is the main export route for Kazakhstani oil, accounting for more than 80% of the volumes pumped through the pipeline from the republic.

In 2022, the company shipped 58.7 million tonnes of oil for export; the forecast for 2023 is about 61 million tonnes.

The CPC shareholders are: Russia (24% via management of Transneft, 7% on the balance sheet) with 31%; Kazakhstan (represented by KazMunayGas - 19% and Kazakhstan Pipeline Ventures LLC - 1.75%) with 20.75%; Chevron Caspian Pipeline Consortium Company 15%; Lukoil International GmbH 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 with 1.75%.

As reported, on July 3, due to an emergency shutdown of the Mangistau NPP's power unit No. 1, a power surge occurred on the Aktau - Atyrau - Uralsk - UES of Russia 220 kV transit power line, the result of which was the emergency automatic shutdown of the 220 kV Tengiz-Beyneu lines. As a result, the Mangistau region switched to isolated operation with a decrease in frequency and disconnection from consumers. Then, the accident affected the Atyrau power junction, forcing the isolated operation (from the 220 kV transit transmission line) of power plants for Tengizchevroil (the operator of the development of the Tengiz field), NCOC (the operator of Kashagan), the Atyrau Heat and Power Station, the Atyrau Oil Refinery, the CPC-K pipeline, half of the city of Atyrau and other districts in the region.

A number of industrial facilities in the Atyrau region have been transferred to backup power sources, and Mangistau region industrial facilities are currently receiving electricity with restrictions.