The Caspian Pipeline Consortium-R (CPC-R), legally АКЦИОНЕРНОЕ ОБЩЕСТВО "КАСПИЙСКИЙ ТРУБОПРОВОДНЫЙ КОНСОРЦИУМ-Р", operates the Russian section of the Caspian Pipeline Consortium (CPC) system. Established in 1997 and based in Novorossiysk, Russia, it manages a 1,510 km oil pipeline transporting crude from Kazakhstan's Tengiz, Kashagan, and Karachaganak fields, as well as Russian fields, to the Novorossiysk-2 Marine Terminal on the Black Sea for export.
The CPC is a multinational venture with major shareholders including Russia's Transneft (24%), Kazakhstan's KazMunayGas (19%), Chevron (15%), Lukoil (12.5%), ExxonMobil (7.5%), and Rosneft-Shell (7.5%). Commissioned in 2001 with capacity up to 1.4 million barrels per day, it serves as Kazakhstan's primary oil export route. In 2025, CPC transported 83.33 million tonnes of oil.
Also known as Caspian Pipeline Consortium-R, КТК-Р, and АО "КТК-Р".
None yet. When a new project in the record names CPC as owner, partner or investor, it shows here.
Revenue +23.7% to 5,568 bln tenge; EBITDA +45% to 1,655 bln; net profit +69.1% to 904 bln; net debt rose to 983 bln tenge as cash/deposits declined.
Revenue +12.5% to 9,371 bln KZT; EBITDA +19.6% to 2,393 bln; net profit down to 1,072 bln; net debt cut to 375 bln; production +10%; FCF +2.8%
