CPC Erected Three New Tanks at Its Marine Terminal
OREANDA-NEWS. The Marine Terminal of Caspian Pipeline Consortium (CPC) near Novorossiysk hosted a ceremony to mark the completion of construction of three new tanks and comprehensive testing of the facilities with oil in.
The CPC crude oil Tank Farm has been increased from four to seven steel vertical floating roof tanks with the capacity of 100,000 tons each. The ceremony was attended by the Consortium Shareholders and the Company’s senior management including the Company’s CEO Nikolay Brunich. The Administration of Novorossiysk was represented by Vladimir Sinyagovski, Head of Novorossiysk Municipality.
“Gladly and proudly I am opening this ceremony dedicated to completion of the construction and commissioning of the three 100,000 t tanks in our facility. Everything is possible when all the employees are targeted to the result. Especially on this final stage I could see our employees strong desire to complete the work on time and with due quality not affecting the requirements of the occupational and industrial safety and environmental laws”, Mr. Brunich said.
The construction work to expand the Tank Farm under the Expansion Project started in 2011. At the moment three more steel giants are under construction. Eventually, the total capacity of all tanks will make 1 million cubic meters.
In 2014, the third single point mooring (SPM-3) was commissioned as part of the Expansion Project
The gradual growth of the Tank Farm capacity will allow us to increase the volume of crude oil handling through CPC Marine Terminal to 67 million tons after completion of the Expansion Project and with drag reduction agents this volume will grow to 76 million tons.
“Indeed, today is a very important day. Even before the Expansion Project CPC was a significant world level organization in the oil and gas industry. And now we have made another very important step towards the final result. It is important for the global energy security”, Andrew McGrahan, Chairman of CPC-R Board of Directors, President of Chevron Neftegaz, Inc. said in speech.
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