Shareholders of the Caspian Pipeline Consortium (CPC) are going to increase its capacity up to 80 million tons of crude oil per year. The project was announced by the President of Kazakhstan Kassym-Jomart Tokayev, who took part in the official event commemorating the company’s 25th anniversary.
As Tokayev noted, CPC is an impressive example of how smoothly and effectively all shareholders can work with each other.
«Since 2011 more than 750 million tons of Kazakhstani crude oil have been exported through CPC to the global market. The pipeline’s capacity has grown 2.5-fold to 67 million tons. Now, we are...