BP lands in more trouble on Caspian pipeline (The Guardian)

[Up2Late]

(I wonder if this will suddenly become an "urgent priority" of the ReThuglicans?)

BP lands in more trouble on Caspian pipeline

· Allegations firm failed to disclose signs of cracking
· News comes as Texas City review calls for dismissals

Terry Macalister
Thursday February 15, 2007
The Guardian

A US government lending agency has been told by its own internal accountability watchdog that it must monitor more closely the safety of BP's vital pipeline in central Asia, amid allegations that the company failed to report immediately cracks and leaks in its coating.

The warning to BP comes after pipeline spills in Alaska and as an internal report into the accident-hit Texas City refinery has called for the sacking of four senior executives. They include Mike Hoffman, who recently stepped down as group vice-president for refining and marketing.

A report from the office of accountability at the Overseas Private Investment Corporation - the US equivalent of Britain's Export Credit Guarantee Department - concludes that OPIC did not fully meet its own guidelines on environmental monitoring of the Baku-Tbilisi-Ceyhan pipeline from Azerbaijan to Turkey.

The office of accountability recommended "OPIC renew its focus on environmental monitoring of the project in the medium to long term". It said there should be "specific attention to implementation of the additional monitoring for field joint coating cracks or leakage".

(more at link) <http://business.guardian.co.uk/story/0,,2013302,00.html?gusrc=rss&feed=1>

[Booster]

1. Cheney's gonna be pissed. And you know what happens when

cheney gets pissed.

[sutz12]

2. Well, I'd say it's a bad time to go hunting with him. nt

[Doondoo]

3. It's just big oil being big oil....SOP

[PLF]

4. OPIC should be shut down completely

It's a waste of our tax dollars.

[Up2Late]

5. kick n/t

:kick: