Monday, 09 August 2004

CONSTRUCTION OF BAKU-TBILISI-CEYHAN OIL PIPELINE RESUMES

Published in News Digest

By empty (8/9/2004 issue of the CACI Analyst)

Officials of the British Petroleum (BP) office in Tbilisi announced on 9 August that construction of the Georgian section of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline has resumed. The Georgian government halted construction of the $3 billion project on 19 July and publicly criticized BP for failing to provide adequate security measures designed to protect the environment from an accidental oil spill. Construction of the 248-kilometer Georgian section of the pipeline was launched in April and, along with the 443-kilometer Azerbaijani section, is to become fully operational by the end of 2004.
Officials of the British Petroleum (BP) office in Tbilisi announced on 9 August that construction of the Georgian section of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline has resumed. The Georgian government halted construction of the $3 billion project on 19 July and publicly criticized BP for failing to provide adequate security measures designed to protect the environment from an accidental oil spill. Construction of the 248-kilometer Georgian section of the pipeline was launched in April and, along with the 443-kilometer Azerbaijani section, is to become fully operational by the end of 2004. The largest portion of the 1767-kilometer pipeline, the 1076-kilometer Turkish section, is estimated to be operational by February 2005. (Interfax)
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The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.

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