Stroitransgaz to construct Kenkiyak-Atyrau pipeline link to CPC

22-05-02 The Russian company Stroitransgaz has won a tender to construct a 450 km pipeline between Kazakhstan’s Kenkiyak oilfields and Atyrau, where plans call for it to eventually feed into the Caspian Pipeline Consortium (CPC) crude transport system.
The cost of the project is estimated at $ 160-170 mm, and work will be financed 51 % by Kazakmunaigaz, Kazakhstan’s newly formed national oil company, and 49 % by the China National Petroleum Company (CNPC).

Contracts for pipelines have been signed with the Volzhsk Tubing Plant of Russia, which will provide 70 % of the piping, while China will supply the remaining 30 %. The pipeline to become operational sometime in 2003 with an initial volume capacity of 6 mm tpy (120,000 bpd).
Crude transported through the pipeline will come from oil fields in the Aktobe region of western Kazakhstan. The pipeline will have a design capacity of 15 mm tpy (300,000 bpd), and KazTransOil will be the operator.