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Friday, 11 April 2003

AZERBAIJAN ENDORSES PAYMENTS TO LANDOWNERS FOR BAKU-CEYHAN OIL PIPELINE

Published in News Digest

By empty (4/11/2003 issue of the CACI Analyst)

The Azerbaijani government issued a directive on 10 April to provide financial compensation to individuals living on the route of the proposed Baku-Tbilisi-Ceyhan pipeline. The compensation is to be issued through local branches of the International Bank of Azerbaijan and will affect more than 4,300 landowners in 13 districts of Azerbaijan and 131 villages. Roughly 150 of the landowners are legal entities, including municipalities, state farms, and the Ministry of Ecology and Natural Resources.
The Azerbaijani government issued a directive on 10 April to provide financial compensation to individuals living on the route of the proposed Baku-Tbilisi-Ceyhan pipeline. The compensation is to be issued through local branches of the International Bank of Azerbaijan and will affect more than 4,300 landowners in 13 districts of Azerbaijan and 131 villages. Roughly 150 of the landowners are legal entities, including municipalities, state farms, and the Ministry of Ecology and Natural Resources. All of these entities have already received compensation. (Turan)
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