OREANDA-NEWS. On 06 June 2008 was announced, that according to Razdukhov V., Director General of Caspian Pipeline Consortium, in 2007 net profit of the Consortium came to USD 423 million against losses in the previous years.

It is the first time when the Consortium had benefit. Its indebtedness also went down. One can remind, that beginning from 2007, Transneft controls Russian share in CPC.