 | Caspian is no North Sea |
Not all foreign companies engaged in oil production in the Azerbaijan sector of the Caspian fully observe environmental policy requirements, as most of them simply dump drilling cuttings into the sea, according to the president of the International EcoEnergy Academy professor Fagan Aliyev.
He said such activities of foreign companies is explained by the fact that to transport the wastes to the shore requires additional expenses, which, in its turn, raises the cost of oil. Although there an oil waste management site in the Garadagh district of Baku, none of the foreign companies except BP uses it. “Specialists of foreign companies often refer to the North Sea as an example, where they release the wastes right into the sea. But unlike the North Sea, Caspian is an inland body of water and any pollution of it threatens with an ecological catastrophe”, prof. Aliyev said.*
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Issue: March, 3, 2001
POLITICS
President Aliyev leaves for Paris500th anniversary of Sefevid state to be markedAround 400 NGOs in Azerbaijan
ECONOMICS2-month offshore drilling plan fulfilledProduction boom thanks to oil extractionState enterprises pay AZM1.5 trillion in taxBank expanding network of int'l transfersNew grant program announcedFood make up two thirds of turnoverInterior design, construction exhibition due in BakuUnderground seeking investors
ECOLOGYCaspian is no North Sea
NEWS OF BAKUBars to work till midnight
MISCELLANEOUSInt'l conference on refugees expected
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