Terminals Caspian Pipeline Consortium (CPC) let a $360 million contract to a consortium of Bouygues and Bouygues Offshore SA for construction of a marine terminal near Novorossiisk, Russia. The facility will be the export terminal for CPC's oil pipeline from Kazakhstan to the Black Sea via Russia. The contract encompasses engineering design, procurement, site preparation, and construction. The terminal will have a storage capacity of 400,000 cu m of oil. The contract includes a 56-in. pipeline between the tank farm and shore facility. Russian firms Kubanneftegastroi and Stavropoltruboprovodstroi will be involved in construction. Completion is slated for yearend 2001. ...

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