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2005/04/08
April 17, 2005 (The Sunday Times, UK) — British Petroleum faces accusations in court from pipeline contractors that it covered up a safety flaw, which if uncorrected could cause an environmental disaster in the Caspian region. BP is the leading shareholder and operator of the Baku-Tbilisi-Ceyhan (... more
2005/04/07
April 5, 2005 (Financial Times, UK) — An MP inquiry has attacked the government for ceding to industry pressure by agreeing to an "unacceptable" weakening of anti-bribery rules. Ministers were yesterday criticised by the Commons trade and industry committee for sanctioning changes to the anti-... more
2005/04/06
April 12, 2005 (Financial Times, UK)—According to a recent editorial in the Financial Times (FT), governments that lend money for commercial purposes, such as with export credits, should expect to be treated more like commercial entities. However, debt relief granted to Iraq, among other nations,... more
2005/04/05
April 20, 2005 (INQ7.net, Philippines) — The Bataan Nuclear Power Plant, once backed by the ECA US Ex-Im, is now under fire by a Filipino Supreme Court Justice who is urging the government to stop payments for loans that the late President Marcos borrowed to build the now-mothballed plant. The... more
2005/04/04
April 21, 2005 (Source: Greenpeace SouthEast Asia) — Greenpeace disrupted the construction of the BLCP coal power plant, which is backed by the Japanese ECA JBIC, demanding that the project be stopped immediately. Activists from Thailand, Philippines and Germany occupied the main crane of the coal... more
2005/04/03
March 30, 2005 (Source: ECA Watch) — Three French Parliamentarians have requested an official inquiry into the activities of the French ECA COFACE in connection with overseas development assistance (ODA)— an increasingly important issue in France, as COFACE debt cancellation should reach 15% of the... more
ECAs: COFACE
2005/04/02
The Sakhalin II project is seeking up to USD $5B from the European Bank for Reconstruction and Development (EBRD) and Export Credit Agencies (ECAs) of the US, UK and Japan.
A. Sakhalin Oil... more
A. Sakhalin Oil... more
2005/04/01
April 18, 2005 (The Guardian, UK) — In a move condemned by environmentalists, the wealthy member nations of the OECD want to extend ECA financing terms for renewable energy to large dams. The new export credit guidelines improve financing terms for renewable energy projects, but the European... more