Europe/Central Asia


bicusa.org/eca Home RegionsEurope/Central Asia Europe/Central Asia Overview Key Issues Problem Projects Updates Resources Partners Contacts Azerbaijan \| $3.2 billion Azeri-Chirag-Gunashli Phase I Status: Active Caspian consortium of oil fields feeding the BTC Pipeline ridden with environmental problems Read more Azerbaijan, Georgia, Turkey \| US$3.6 billion \| 2003 – 2009 Baku-Tbilisi-Ceyhan (BTC) Pipeline Project Status: Active Controversial pipeline monitored for adherence to IFC and EBRD policies and to international standards Read more Kazakhstan Bautino Atash Marine and Supply Base Status: Active Bautino Project raises environmental and health concerns Read more Kyrgyz Republic Kumtor Mining Project Status: Completed, mine active Kyrgyz mine's consequences include dangerous conditions and multiple toxic spills Read more Azerbaijan, Georgia Lukoil Overseas – South Caucasus Pipeline Status: Active The South Caucasus Pipeline shares the same corridor, as well as same social and environmental concerns with controversial BTC Pipeline Read more Kazakhstan \| US$150.00 million Lukoil Overseas (Karachaganak Oil Field) Project Status: Active Village threatened by high levels of toxic substances Read more Temirtau, Kazakhstan Mittal Steel Status: Active Arcelor Mittal Temirtau has received numerous loans from the IFIs, despite its problematic track record. Read more Kazakhstan \| $67.82 million Nura River Project Status: Approved May 8, 2003 Attempt to clean up river contaminated with dangerous levels of mercury will worsen situation Read more Russia Russkiy Mir II Status: Active Oil and gas oil terminal funded by the IFC has seriously disruptive environmental and social effects but does not heed locals' complaints Read more Russia \| Phase 1: US$780 million Sakhalin II (Phase 1 and 2) Status: Phase 1 completed, Phase 2 passed final review but was rejected by the EBRD The Sakhalin II project is the second consortium to extract gas and oil reserves from the far eastern Russian island. Read more Archived Problem Projects BIC has worked on these projects in the past, but is no longer actively covering them. Bulgaria \| US$30.00 million \| 2002 – 2008 Bulgaria Forestry Project Status: Active Local NGOs concerned about corruption and environmental impacts of forest roads Read more Georgia \| US$5.70 million \| 1998 – 2006 Georgia Integrated Coastal Management Project: Kolkheti National Park Status: Temporarily Stopped Private oil terminal development has moved forward without regard for national, international, or World Bank agreements Read more Romania \| US$25.00 million \| 2002 – 2009 Romania Forestry Project Status: Active Local organizations point out that money is going to road construction, not monitoring Read more Romania Rosia Montana Gold Mine Project Status: Continuing with private funding Huge open cast gold mine to flood valley with cyanide leaching pond Read more Print this page Email this page		Search Regions Africa Asia Europe/Central Asia Latin America Middle East and North Africa See Also Azerbaijan Georgia Kazakhstan Kyrgyz Republic Mongolia Russia Азербайджан Европа и Центральная Азия Казахстан Asian Development Bank European Bank for Reconstruction and Development International Finance Corporation International Monetary Fund Multilateral Investment Guarantee Agency World Bank (IBRD & IDA) Группа Всемирного Банка Европейский Банк Реконструкции и Развития Stay Informed! Sign up for our e-newsletters. Sign up

	Last updated 18 July 2008 © 2008 Bank Information Center Website content may be freely reproduced as long as BIC is credited as the source.