World Bank backs Caspian oil pipeline
Folks,
For
those of you keeping track of global oil & gas developments (and I sincerely
hope that’s all of you), here’s a biggie that, naturally, we’re having to get
from the UK press. (When oh when will somebody in the US media grow a nut and
start covering this stuff? It’s only our global future we’re talking about
here!) Oh well, at least it’s shorter and cheaper than building a pipeline
across Afghanistan, like we were planning two years ago. Once we get this one,
we’ll pretty much have Saudi Arabia surrounded–right where we want ‘em.
those of you keeping track of global oil & gas developments (and I sincerely
hope that’s all of you), here’s a biggie that, naturally, we’re having to get
from the UK press. (When oh when will somebody in the US media grow a nut and
start covering this stuff? It’s only our global future we’re talking about
here!) Oh well, at least it’s shorter and cheaper than building a pipeline
across Afghanistan, like we were planning two years ago. Once we get this one,
we’ll pretty much have Saudi Arabia surrounded–right where we want ‘em.
World Bank
to back controversial Caspian pipeline
Rob Evans and Owen Bowcott
Wednesday
October 29, 2003
The Guardian
A controversial scheme
led by the oil giant BP to build a huge, strategically important pipeline is
about to win crucial backing, according to a leaked document.
Despite widespread criticism, the World Bank is due to approve at a meeting
tomorrow a $250m (£149m) loan to a consortium to build a pipeline from Baku in
Azerbaijan on the Caspian Sea to the Turkish port of Ceyhan via Georgia.