Каспинфо
апрель 2002

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Название: Обращение НПО региона (на англ. языке)
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* Исследование <Присвоение черного золота Каспия: кому действительно выгодно развитие нефтяной инфраструктуры в Грузии и Азербайджане?> организации CEE Bankwatch Network. Несмотря на огромные доходы от нефтяных операций, социально-экономическая обстановка в богатых нефтью и транзитных странах ухудшается: происходит загрязнение окружающей среды, нарушение прав человека, коррупция. Полный текст исследования: www.bankwatch.org/downloads/oilrevenues.pdf
(29.04.2002)


Полный Текст
Обращение НПО региона (на англ. языке)
Нефть и газ в мире на англ. языке

***
PRESS RELEASE

Caspian Black Gold:
New Study Raises Concerns about the Impact of Oil
Development in Georgia and Azerbaijan
================================================
TBILISI, April 22, 2002 - The new study, "Pocketing Caspian
Black Gold: Who are the Real Beneficiaries of Oil Infrastructure
Development in Georgia and Azerbaijan?" published by CEE
Bankwatch Network and Energy Project, highlights concerns
regarding the rapid development of oil fields in the Caspian Sea
and its impact on the local public.

The report raises doubts that oil development projects will bring
prosperity to ordinary people in Georgia and Azerbaijan, the
majority of whom live far below the poverty line. Instead, the real
beneficiaries of oil development are more likely to be
Transnationals, Multilateral Development Banks (MDBs), Export
Credit Agencies (ECAs) and some high-level governmental
officials. The report will be used to illustrate CEE Bankwatch
Network's arguments against MDB and ECA support of the
Baku-Tbilisi-Ceyhan pipeline.

The Caucasus and Central Asia were a hotbed of corruption and
nepotism during the Soviet era - a trend that has continued even
as the region has become the energy industry's most promising
frontier. While the presidents of republics are signing new oil
deals worth billions of dollars, there is there is a confident belief,
already evidenced by several facts, that this wealth will not be
shared. According to an Azerbaijan oil worker, plenty of money is
coming into the country. "But we see none of it; none today and
none tomorrow." So far, people's lives have not been improved by
the oil boom. While the benefits for the local population are almost
zero, those same natural resources that offer "great economic
potential for the region" also have great potential to play a main
role in the further destruction of livelihoods and the environment.

The IFIs have worked steadily since 1994 to ensure private
investments and political risk mitigation in the oil sector,
particularly in South Caucasus. It includes reducing risks through
institutional, policy and legal reforms, as well as through "the
involvement of public sector agencies, who can give a unique
degree of protection to private investors." This unique degree of
protection has already helped repatriation of earnings by foreign
petroleum companies to exceed investment in the first half of
2000. However, it has failed to improve the socio-economic
conditions in resource-rich countries like Azerbaijan, as well as in
transit countries like Georgia through the transparent allocation of
oil revenues to high priority expenditures. This is a glaring
example of how wealth and aid is not trickling through to the
Azerbaijani and Georgian economies.

The problems of pollution, poverty, human rights and corruption
clearly indicate the failure of regional governments to protect
their citizens. The reluctance of Governments to recognise the
social and environmental problems of oil development will only
lead to the further destruction of the fragile environment of the
Caucasus and facilitate fear and anger within society.

While the MDBs and Donors speak about institution-building and
the transparent allocation of revenues, an enormous amount of
money is flowing into the region, adding to the sad experience and
legacy of oil exploitation during the Soviet era. The non-
transparent allocation of revenues leaves not even a hope that
needed income for the region's poor will be generated.

Of course, if the investments dry up, the socio-economic situation
and environment in the region may be no better off than before.
However, there is no evidence that simply pumping money in and
pumping oil out for projects as Baku-Tbilisi-Ceyhan will improve it.

The study "Pocketing Caspian Black Gold: Who are the Real
Beneficiaries of Oil Infrastructure Development in Georgia and
Azerbaijan?" can be downloaded from the internet at
www.bankwatch.org/downloads/oilrevenues.pdf.

Notes for Editors:

The Baku-Ceyhan oil pipeline is designed to transport Caspian oil
via Georgia to the Turkish port of Ceyhan on the Mediterranean.
The 1,730 km pipeline is estimated to cost USD 2.8-2.9 billion and
the project is surrounded by several environmental concerns, not
least in the area of international security.

CEE Bankwatch Network is an association of citizens'
organisations from 12 countries in Central and Eastern Europe
concerned with the activities of International Financial Institutions
(IFIs) in the region. One of the main goals of the Network is to
facilitate informed public dialogue on IFI policies and projects.

The Energy Project is a network of NGOs from Africa, Asia,
Central and Eastern Europe and Latin America. The project
focuses on sustainable development, changing the energy sector
policies of Multilateral Development Banks (MDBs), and on
alternatives to fossil fuel-based energy projects.

Caucasus Environmental
NGO Network (CENN)