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Article

30 Oct 2008

Author:
CEE Bankwatch Network

Kazakh oil enters BTC pipeline, EBRD assessment of Caspian Sea impacts non-existent

Media reports from Azerbaijan that Kazakh crude oil...started flowing in the BP-led Baku-Tbilisi-Ceyhan (BTC) pipeline raise serious questions, according to...Bankwatch, about the limited scope of the environmental due diligence carried out on the BTC project by one of its key public funders, the European Bank for Reconstruction and Development (EBRD)…Despite… repeated requests from non-governmental organizations…to include an assessment of increased tanker traffic and other potential impacts in the Caspian as part of the project's overall environmental assessment…the EBRD…agreed to back it without a wider assessment.