PIPELINE TALKS
March 1st, 2003
BY KEITH NUTHALLTHE EUROPEAN Bank for Reconstruction and Development is talking closely to concerned environmental groups before agreeing to release US$300 million to build the planned key Baku-Tbilisi-Ceyhan oil and gas pipeline from the Caspian Sea to Turkey's Mediterranean coast. Bank spokesman Jeff Hiday said that non-governmental-organisations were particularly concerned that constructing this 1 million barrels-a-day underground pipeline in Azerbaijan, Georgia and Turkey may cause erosion and oil spills, while promoting fossil fuel use and hence global ...
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