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Monday, 09 August 2004
CONSTRUCTION OF BAKU-TBILISI-CEYHAN OIL PIPELINE RESUMES
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)