VOL. XLIII
No. 38
18-September-2000
CASPIAN
CPC Signs First Operations Contract For Black Sea Loading Terminal
The Caspian Pipeline Consortium (CPC) announced on 14 September that it had signed a $50mn, seven-year agreement with Smit-Octo-Luktrans covering offshore operations and maintenance at its Black Sea loading terminal near Novorossysk. A statement released by CPC said that this was the first of a series of major contracts that it has planned for long-term support for its future operations....
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