VOL. XLVI

No 20

19-May-2003

CASPIAN

US Sees BTC Financing By November, IFC Plans $420Mn In Loans To Azerbaijan Projects

Steven Mann, US Senior Advisor for Caspian Basin Energy Diplomacy, said on 13 May that US government-affiliated agencies and other lenders would probably make a decision on providing financial support for the 1mn b/d Baku-Tbilisi-Ceyhan (BTC) crude pipeline by November of this year. Speaking in Washington during a conference on the management of Caspian oil revenues, Mr Mann said...