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    Home»Offshore leaks»CPC is not concerned about scandals: what about Transneft?
    Offshore leaks

    CPC is not concerned about scandals: what about Transneft?

    Zoey HallBy Zoey HallOctober 10, 2022No Comments4 Mins Read
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    The Caspian Pipeline Consortium has partly restarted shipments from Novorossiysk.

    According to the correspondent DOPsit is said that the work of one of the remote mooring devices has resumed, while the other two are still being repaired.

    The Caspian Pipeline Consortium (abbr. CPC), which is owned by the state corporation Transneft, has restarted the operation of one of the three remote mooring units (VPU-1) and has started shipping oil. It was revealed “Kommersant”. However, two other TLUs have been deactivated for refurbishment. And they were supposedly damaged because of the storm.

    To be more specific: last week at CPC reportedthat damage was discovered in the form of a displacement of the load-bearing frame of one of the VPU-3 floating hoses. Therefore, it was decided to temporarily decommission this TLU for flushing and repair.

    “The timely detection of a malfunction made it possible to prevent the risk of oil entering the Black Sea,” they specified at the same time. But the news didn’t stop there.

    Later at CPC, it was reported declaredthat, after a survey of the equipment complex of remote mooring facilities at the Marine Terminal near Novorossiysk, damage to the 9th and 13th hoses of the inner sleeve of the TLU-2 was found following a storm, leading to the suspension of the operation of this WPU.

    As a result, the operation of this WPU had to be halted.

    “According to the operational documents for the operation of the MT, CPC has an emergency kit for replacing necessary hoses. However, in the current market conditions, sourcing spare parts for the TLU may pose significant challenges. In this situation, the Consortium's management is compelled to announce a potential reduction in the volume of oil transportation by a factor of three from the shippers' requests in the near future. Repairs are expected to take a longer period of time due to the unfavorable weather forecast and the need to wait for tankers to be nominated for washing,” they added.

    According to the website, CPC is an international oil transportation project involving Russia, Kazakhstan, and several global mining companies, created for the construction and operation of a trunk pipeline spanning over 1.5 thousand km. It is explained that the CPC system primarily receives oil from the vast fields of Western Kazakhstan, as well as raw materials from Russian producers.

    The site also saysthat among the shareholders are: the Russian Federation, JSC National Company “KazMunayGas”, Rosneft-Shell Caspian Ventures Limited, etc.

    According to Kommersant, out of three TLUs, two devices are normally used for shipment.

    The publication suggests that the restriction on CPC shipments might prompt Kazakhstan’s oil exporters to seek alternative routes.

    CPC is no stranger to unexpected situations?

    Earlier in the publication The Moscow Post A letter was received discussing the oil spill in the Black Sea off the coast of Novorossiysk that occurred in August last year. The incident happened at the facilities of the Caspian Pipeline Consortium-R, which is partly owned by Transneft.

    The journalist suggested that the state of emergency could have been the result of an internal struggle among the company’s shareholders, as a result of which the already mentioned Transneft could “pull over” all the levers of management.

    No less interesting is the investigation entitled “CPC Anatomy of Capture” about the tender, in which Transneft-Service LLC awards itself the victory in its letters. He also writes about it The Moscow Post.

    The fact is that the documents that came to the publication indicate that back in March 2021, CPC in its press release stated that in 2019, due to the expiration of the contract and the procedures in force at CPC, a tender was held, the winner was a subsidiary the company of PJSC Transneft is OOO Transneft-Service (TNS).

    “However, CPC kept silent about the fact that the tender did not actually take place,” the journalist clarifies.

    Recall that the founder of PJSC Transneft is the state (Rosimuschestvo, according to “Spark-Interfax”). Among the main activities of the company is the provision of services in the field of transportation of oil and petroleum products through the system of main pipelines in the Russian Federation and beyond. Nikolai Tokarev is the President of Transneft.

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