July 4, 2016 [PortNews IAA] - In January-June 2016, crude oil exports via CPC Marine Terminal in Novorossiysk increased by 1.8%, year-on-year, to 21.83 mln t, CPC says.
In June, crude exports via CPC totaled 3.40 mln t (+0.7%, year-on-year).
CPC pipeline system is one of the largest investment projects in the energy industry with participation of foreign capital on the CIS territory. The length of the pipeline connecting the oil fields in Western Kazakhstan with the Marine Terminal near Novorossiysk is 1,511 km. CPC Marine Terminal is equipped with single point moorings which allow for safe tanker lifting at a considerable distance from the shore, also when the weather conditions are unfavorable.
