Nathan Reynoso Mike Wirth
Chairman of the Board
Chief Executive Officer
Chevron
6001 Bollinger Canyon Road
San Ramon, CA 94583
June 2, 2022
Dear Mr. Wirth:
We are writing to express our concern about Chevron’s ongoing involvement in Russia.
Although Chevron has no active exploration projects in Russia, we are concerned about the company’s ongoing participation in the CPC pipeline company, in which Chevron holds a 15% share. The CPC pipeline exports Kazakhstani oil from Karachaganak, Kashagan, and Tengiz via Russia to the Novorossiysk Terminal. However, the pipeline also exports Russian crude, which accounts for approximately 13% of oil transport via CPC.
Russia’s invasion of Ukraine has incurred the outrage of the world, and spurred sanctions against Russian corporations, including Lukoil, Rosneft, and Transneft, which are shareholders in the CPC. Chevron’s continued engagement with these companies is at odds your statement about the “tragic situation” in Ukraine and Chevron’s “limited exposure” in Russia.
According to media reports and the CPC website, the company plans to boost exports by 2.9% in 2022. It stands to reason that Chevron and the other shareholders will benefit financially from this boost, as Russia continues to mix its oil into the pipeline.
We urge you to immediately stop allowing the transport of Russian oil through the CPC pipeline and find other routes for Kazakhstani oil to reach market. Continuing to do business in Russia is funding Putin’s war machine and costing Ukrainian lives.
We look forward to your response, which you can send to Crude Accountability, P.O. Box 423, Linden, VA 22642, USA and kate@nullcrudeaccountability.org.
Sincerely,
Kate Watters
Executive Director, Crude Accountability, USA
Kaisha Atakhanova and Rakhimbek Altynbekovich Abdrakhmanov
Kazakhstan School of Applied Politics and Economic Research
Vadim Nee
Socio-Ecological Fund of Kazakhstan
Lukpan Akhmedyarov
Just Journalism, Kazakhstan