BP Reveals Caspian-Turkey Pipeline Secrets

BP CEO Lord Browne said he had received personal assurances from the governments of Russia and Georgia over the company's multi-billion dollar investments in those countries.
Lord Browne admitted that construction had been halted on the giant oil pipeline that is being built by a consortium led by BP from the Caspian Sea to Turkey through Georgia.
But he insisted that the stoppage had "nothing" to do with environmental concerns. "The issue is security," he said. He said he met Georgia's President, Mikhail Saakashvili, in London recently and received an undertaking that the $3bn pipeline would be allowed to complete on time. BP aims to start pumping oil through it in the first half of next year.