Baku-Tbilisi-Ceyhan (BTC) Pipeline Project | Bank Information Center: Monitoring the projects and policies of the World Bank, IMF and other international financial institutions


bicusa.org/btcpipeline Problem Project Baku-Tbilisi-Ceyhan (BTC) Pipeline Project BIC is no longer actively working on this project. Overview Concerns Updates Resources Contacts RSS Update \| 18 September 2008 Additional challenges for the BTC Pipeline Following the August 25 reopening of the Baku-Tbilisi-Ceyhan Pipeline after the armed conflict in Georgia, the BTC has faced several technical and strategic issues when it comes to its future and viability. Read more Update \| 7 August 2008 Explosion along the BTC Pipeline confirms civil society concerns A fire on the Turkish segment of the Baku-Tbilisi-Ceyhan (BTC) pipeline has led to declined oil production, pipeline closure, and security fears. Read more Update \| 10 June 2008 Kazakhstan signs BTC agreement into law, plans new pipelines Kazakhstan has signed into law a 2006 agreement to transport oil through the Baku-Tbilisi-Ceyhan (BTC) pipeline, while making plans to connect its oil to the BTC route through additional domestic and trans-Caspian pipelines. Read more Update \| 6 February 2007 OPIC finds BP negligent with BTC Pipeline The U.S. Government Overseas Private Investment Corporation (OPIC) recommended to British Petroleum (BP) that more safety precautions are needed for the Baku-Tbilisi-Ceyhan (BTC) Pipeline, which transports oil from the Caspian Sea through Azerbaijan and Georgia to Turkey. Read more Update \| 27 June 2006 Kazakhstan joins BTC Pipeline Kazakhstan has officially joined the Baku-Tbilisi-Ceyhan oil pipeline after the Kazakh and Azeri Presidents Nursultan Nazarbayev and Ilham Aliyev signed an agreement in Almaty on June 16, 2006. Read more Update \| 11 October 2005 New report on BTC refutes claims of poverty reduction Report released on October 11, ahead of Baku-Tbilisi-Ceyhan (BTC) pipeline opening ceremony in Tbilisi, Georgia details the infringements detected in the construction phase of the Georgian section of the BTC pipeline and the problems – many of them with long-term implications – faced by Georgians during the implementation of the project. Read more Update \| 31 May 2005 BTC pipeline celebrates first oil The Baku-Tbilisi-Ceyhan oil pipeline was officially opened on May 25 with Presidential ceremony. Read more Update \| 24 May 2005 New Reports find that BTC pipeline is unsafe Two reports released on May 23, ahead of Baku-Tbilisi-Ceyhan (BTC) pipeline 'opening' ceremony in Baku, reveal significant concerns regarding the environmental and social damage being caused by the World Bank and the European Bank for Reconstruction & Development (EBRD) backed project in Azerbaijan and Georgia. Read more Update \| 24 May 2005 BTC pipeline opening followed with violence As western dignitaries gather to celebrate the initial flow of Caspian oil - although the Georgian section of the pipeline is still incomplete - police ends a peaceful rally in Baku, Azerbaijan, with arrests and violence. Read more Update \| 23 May 2005 New BTC oil pipeline movie wins film festival awards "The Source", a CEE Bankwatch Network film about the Baku-Tiblisi-Ceyhan pipeline project in Azerbaijan, Georgia, and Turkey, premiered on April 29, 2005 at the One World Film Festival in Prague. Read more Update \| 20 April 2005 BP 'covered up' pipeline flaw BP faces accusations in court from BTC pipeline contractors that it covered up a safety flaw on a strategic energy project, which if uncorrected could cause an environmental disaster in the Caspian region. Read more Update \| 7 December 2004 Major private backer pulls out of BTC Pipeline Read more Update \| 10 August 2004 BTC construction resumes in Georgia. Georgian protesters clash with police over pipeline route Government lifts suspension of work on BTC following BP's failure to obtain environmental certification to proceed Read more Update \| 30 July 2004 BTC oil pipeline construction halted in Western Georgia BP has suspended construction of the Baku-Tbilisi-Ceyhan oil pipeline in the Borjomi valley of Georgia for two weeks by request from the Ministry of the Environment of Georgia. Read more Update \| 21 April 2004 Two MDB activists receive prestigious Goldman Environment Prize Manana Kochladze of Tbilisi, Georgia was awarded for her fearless efforts to win concessions to protect the environment and local villagers affected by the BTC pipeline project. Rudolf Amenga-Etego of Accra, Ghana was honored for his fight to suspend a major water privatization project backed by the World Bank. Read more Update \| 13 January 2004 Report issued on the public disclosure and consultation process in Azerbaijan CEE Bankwatch Network has released its report, "Azerbaijan-Georgia-Turkey pipeline systems: An evaluation of the public disclosure and consultation process." Read more Update \| 30 October 2003 Oil Union files corruption charges against the State Oil Company of Azerbaijan Read more Print this page Email this page

	Last updated 08 October 2008 © 2008 Bank Information Center Website content may be freely reproduced as long as BIC is credited as the source.

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