Russia’s largest oil company Lukoil has proposed to construct a 160 km pipeline that will connect with the Caspian Pipeline Consortium (CPC) crude oil pipeline.
Lukoil’s proposed extension would have an 8 MMt/a capacity to transport oil. The company has proposed the pipeline to increase the volume of oil export not controlled by the Russian Government by 4.5 MMt by constructing an alternative pipeline from the Kharyaga oil deposit to the Varandey terminal, located in the Nenets autonomous area.
Along with the CPC pipeline, the 160 km pipeline will be the only privately operated oil pipelines in Russia.
The 1,510 km CPC pipeline connects the oil fields in Western Kazakhstan with a marine terminal in Russia.
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