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If the Azerbaijan-Georgia-Turkey
pipelines system goes ahead as planned, it will be a vast
social and industrial structure, a gathering of men, women
and machines stretching 1,750 kilometres (1,087 miles) across
hills and valleys, mountains and plains, fields and deserts,
gardens and rivers. A complete system, running from the Azerbaijani
oil and gas fields offshore in the Caspian Sea to a tanker
terminal on the Turkish Mediterranean coast.
The largest part of the system
is the Baku-Tbilisi-Ceyhan (BTC) oil pipeline,
which would carry 1 million barrels of oil per day, from the
Azeri-Chirag-Guneshli offshore oilfields, to a tanker terminal
at Yumurtalik, just south of Ceyhan in Turkey. From there,
the oil would be loaded onto three supertankers per day, which
would carry it to Western Europe and the USA.
BP started
construction in May 2003; however it has not yet secured the
financing, including from public (taxpayers') money. The financing
decision won't be made until at least December 2003. If the
World Bank, European Bank of Reconstruction & Development
and export credit agencies and governments decide not to back
the pipeline, or even delay their decision, BP could be forced
to stop work. At the moment, BP is building the pipeline from
its own, and its partner oil companies', money.
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Scar
left by the East Anatolian Natural Gas Pipeline, built in
2000 by Botas.
BP wants Botas to build its Baku-Tbilisi-Ceyhan pipeline
along the same route in 2003
[Greg Muttitt / PLATFORM]
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