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Azerbaijan

Infrastructure

News

Azerbaijani Laundromat to sully Bank’s reputation?

Scandal raises new questions about World Bank loans for Trans-Anatolian Pipeline (TANAP), after civil society previously raised concerns over human rights violations and the negative environmental impact of the project.

27 September 2017
Mapa del Corredor de Gas del Sur. Crédito: Bankwatch

Infrastructure

Analysis

The rise and fall of World Bank funded megaprojects

The World Bank has announced funding for the controversial Southern Gas Corridor, while exiting two other high profile but problematic megaprojects, Inga 3 in Democratic Republic of Congo and Simandou in Guinea.

31 January 2017

Infrastructure

Analysis

World Bank set to finance criticised mega gas pipeline from Azerbaijan to Europe

The World Bank has announced its intention to fund the Azerbaijan and Turkey part of the Southern Gas Corridor to Europe, despite concerns over the geopolitical context and fossil fuel dependency.

29 June 2016 | Guest analysis

Environment

News

Pipe dreams shattered in Georgia

The World Bank and others have tried to convince the region's poor that oil pipelines in the Caucuses would bring economic prosperity and strengthen democracy in the region. However, this Caspian oil game is partly to blame for the increased poverty, conflict and misery that now plagues the thousands of citizens displaced in the August conflict in Georgia.

26 September 2008

IFI governance

News

BTC: destruction, abuse and betrayal

In July, as the oil in the IFC-supported Baku-Tblisi-Ceyhan (BTC) pipeline finally began flowing a year behind schedule, civil society groups from affected countries and elsewhere presented evidence of destruction, abuse and betrayal.

11 September 2006

Rights

News

Campaigners challenge legal basis of Baku-Ceyhan pipeline

Just after key project documents were released in June campaigners in Georgia and the UK filed legal challenges to the Baku-Ceyhan oil pipeline, raising awkward questions for the World Bank Group and other potential financiers.

21 July 2003

Rights

News

Turkish oil project raises human rights, governance concerns

An agreement between oil multinationals and the government of Turkey for an IFC-backed pipeline exempts the companies from obligations under Turkish law that may threaten the project’s profits, including environmental, social and human rights legislation.

17 September 2002
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Other news

Environment

News

Italian bank dumps troubled World Bank Caspian pipeline

Italian bank pulls out of IFC-backed oil pipeline in the Caspian

2 February 2005

Environment

News

Pipeline backlash for BP

The Baku Tbilisi Ceyhan pipeline came under fire last month.

26 May 2003

Environment

News

Azerbaijan: IMF backs down

Apparently due to US pressure, the IMF reversed its decision to suspend loan payments to Azerbaijan because of concerns about government misuse of the State Oil Fund.

1 April 2003
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