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BankWatch.Org: For ‘reservations’ read ‘legal violations’ – new Sakhalin II photo report

Sakhalin Environment Watch (SEW)

October 12, 2007
 
Ian Craig, chief executive of Sakhalin Energy Investment, commented this week on a new report into the Sakhalin II project, stating, “The key for me in this report is that it notes the high level of compliance with the requirements in the area of health, safety, environment and social that was achieved.” The report was produced by AEA Technology, an international consulting firm, for potential lenders to the project: the UK’s ECGD, JBIC and the US Ex-Im Bank.

The company is hyping the AEA report as providing the project with a clean bill of health, although it is acknowledged that it contains some ‘reservations’ about the project. The latest photo report from Sakhalin Environment Watch, based on pipeline monitoring in September, presents more gory findings of locations where the integrity of the pipelines is threatened and Sakhalin’s rivers are being clogged up. The photo report shows alarming cases where legal directives intended to ensure pipeline safety have been ignored for up to a year by the company. We say unreservedly to the company and the potential lenders – these are legal violations, and how many more are out there?

For more information incuding photographs, go to…

http://www.bankwatch.org/newsroom/highlights.shtml?x=2047921

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