The Baku-Tbilisi-Ceyhan (BTC) Pipeline Project - a Lessons of Experience publication
Article from: OGEL 4 (2006), in Pipelines
Introduction
The BTC pipeline is 1,760km long and runs from Azerbaijan through Georgia to the Mediterranean coast of Turkey. At the time of its commencement, BTC was the largest cross-border infrastructure construction project in the world. The project faced a wide variety of complex and often difficult environmental and social challenges. Financing was agreed in February 2004 after more than two years of appraisal of the potential environmental and social impacts. Construction was completed in late 2005 and export from the new terminal in Ceyhan commenced in June 2006. For IFC as a lender, the ...