Lukoil Overseas (Karachaganak Oil Field) Project | Bank Information Center: Monitoring the projects and policies of the World Bank, IMF and other international financial institutions


bicusa.org/ Problem Project Lukoil Overseas (Karachaganak Oil Field) Project BIC is no longer actively working on this project. Overview Concerns Updates Resources Contacts RSS Press Release \| 30 April 2008 IFC out of compliance at Karachaganak oil field In a recently released audit report, the International Finance Corporation’s (IFC) Office of Compliance, Advisor/Ombudsman (CAO) has found that the IFC is out of compliance with safety standards for toxic emissions at the giant Karachaganak Oil and Gas Condensate Field in western Kazakhstan. Read more Press Release \| 9 April 2008 Kazakh environmentalists win access to emissions data at Karachaganak In a victory for environmental groups, the Kazakhstan’s Supreme Court ruled in favor of Green Salvation, a environmental group, in a precedent setting lawsuit seeking access to environmental information about atmospheric emissions at the Karachaganak Oil and Gas Condensate Field in western Kazakhstan. Read more Update \| 27 June 2006 Public hearing marks the first step to victory for Berezovka villagers During a recent public hearing on the relocation of villagers from Berezovka, corruption and cynicism were used to describe the work of Karachaganak Petroleum Operating Consortium (KPO) and the government administration. Read more Update \| 20 April 2005 Karachaganak denied licensing due to environmental violations The IFC-funded Karachaganak Petroleum Operating has become the worldwide record holder for environmental fines, and has been denied licensing by the government of Kazakhstan. Read more Print this page Email this page

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

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