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As reported earlier in EnergyReview.net, work on the 70% complete BTC, being built by a BP-led consortium, was halted due to what the Georgian authorities called “environmental” issues.
According to the reports Lord Browne was quoted to have said, “[I have] received personal assurances from the governments of Russia and Georgia over the company’s multi-billion dollar investments in those countries that the stoppage had nothing to do with environmental concerns. The issue is security.”
“[I] met Georgia’s President, Mikhail Saakashvili, in London recently and received an undertaking that the US$3 billion pipeline would be allowed to complete on time,” he added without elaborating further.
BP has not made a comment on the report aside from confirming work on the pipeline had been temporarily shutdown.
