highlights of operations
Chevron’s work in Russia ranges from exploration and transportation to technology licensing and consumer products.
Chevron is a major investor and 15 percent shareholder in the Caspian Pipeline Consortium (CPC). Operational since 2001, the pipeline provides a key export route for Chevron’s crude oil production from Kazakhstan.
Through our subsidiary Chevron Neftegaz Inc., Chevron continues to identify business opportunities in Russia.
Our subsidiary Chevron Oronite has developed relationships with several Russian oil companies, which we supply with lubricants additives. We market Chevron® lubricants through a separate distributor network.
Through Chevron Lummus Global LLC, several of Chevron’s industry-leading technologies have been licensed to Russian oil companies.
In addition, Chevron is a committed member of the community in Russia, supporting social programs, education and the arts.
caspian pipeline consortium
The CPC operates a 935-mile (1,505-km) crude oil export pipeline from the Tengiz Field in Kazakhstan to tanker-loading facilities at Novorossiysk on the Russian coast of the Black Sea. The CPC pipeline provides a key route for crude oil production from both the Tengiz Field and the Karachaganak Field, also in Kazakhstan.
During 2020, the pipeline transported an average of 1.3 million barrels of crude oil per day to Novorossiysk.
Chevron funded 30 percent – an investment of approximately $800 million – of the CPC’s Initial Construction Project (ICP) to build the pipeline. Upon completion of the ICP, the pipeline capacity was about 600,000 barrels per day. Approximately $2.2 billion of the $2.7 billion IPC budget was spent in Russia.
In 2010, a capacity expansion project was approved, and construction started the next year. The $5.4 billion expansion was completed in late 2017, more than doubling capacity, to 1.4 million barrels a day. The added capacity accommodates a portion of the future growth in production from Tengizchevroil (TCO). In 2020, the pipeline transported a daily average of 200,000 barrels from Russia and 1.1 million barrels from Kazakhstan.
marketing and retail
Chevron markets Chevron® and Texaco® brand lubricants, coolants and fuel treatments for consumer, commercial and industrial use in Russia through authorized distributors.
Chevron Lummus Global LLC (CLG), a joint venture between Chevron and Lummus Technology, is very active in Russia with its refining technology licensing business. CLG licenses its ISOCRACKING®, ISODEWAXING® and ISOTREATING™ hydroprocessing technologies used in the production of premium transportation fuels and lubricant base oils. For example, in 2014, Tatneft started up a large unit with CLG’s ISOCRACKING and ISODEWAXING technologies and as a result is now producing Group III base oils. In 2015, CLG licensed the first application of our ISODEWAXING technology on diesel dewaxing to Tatneft, which it will use in conjunction with a second hydrocracker to produce Arctic-grade diesel fuel at its Taneco refinery. A unit using CLG’s ISODEWAXING technology is running at the Slavneft Yanos refinery. CLG also licenses delayed coking in Russia to several clients who have projects underway.
Through another joint venture, Advanced Refining Technologies, Chevron sells hydroprocessing catalysts and provides technical support to the refining industry.
in the community
Since 1994, Chevron has spent more than $7 million on community and social programs in Russia. We have supported more than 130 programs in hospitals, orphanages, schools and museums, as well as sports and cultural projects.
For 24 years, Chevron has sponsored the Russian National Orchestra. We also have contributed to the Moscow Kremlin Museums, the State Tretyakov Gallery and the State Literary Museum.
Since 1996, we have provided scholarships for undergraduate and graduate students, sponsored scientific conferences, and funded the purchase of laboratory equipment for Lomonosov Moscow State University.
record of achievement
Construction of the CPC’s Caspian Pipeline began in 1999, and the first tanker was loaded with Tengiz crude oil at CPC’s terminal at Novorossiysk in 2001. By the beginning of 2018, more than 5,000 tankers had been loaded.
The implementation of the TCO project has helped strengthen the Russian economy. TCO’s direct expenditures in Russia exceeded $1 billion in 2017. Since 1993, the direct expenditures of TCO in Russia have totaled more than $12 billion.
TCO transports sizable amounts of liquefied petroleum gas and sulfur export volumes on railroads through Russia. In 2016, Russia received more than $145 million in direct payments for railway tariffs, rail car leases and other shipping costs.
Chevron has established partnerships with Russian institutions, including Moscow State University, Gubkin State Oil and Gas University, the All-Russia Research Institute of Oil Geology, the National Scientific Research Institute of Hydrocarbon Raw Materials–Vniius in Kazan and Gazprom’s Russian Research Institute of Gas & Gas Technologies.
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Business Center “Summit”
Moscow, Russian Federation 125009
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