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European Public Bank promises €700 million for the Euro-Caspian Mega Pipeline
Blog post -
Jul 25, 2014
The European Bank for Reconstruction and Development (EBRD) has promised up to €700 million for the disastrous Euro-Caspian Mega Pipeline. In a statement the Managing Director for Energy at the public bank said “the EBRD will invest €600-700 million in the Trans Adriatic Pipeline.” The Euro-Caspian Mega Pipeline (ECMP) is a huge piece of infrastructure...
Gas grabs and 5 questions to power at the Caspian Corridor Conference
Blog post -
Mar 18, 2014
The Euro Caspian Mega Pipeline is a massive infrastructure system designed to suck gas out of the Caspian into Western Europe. Construction of the pipeline involves politics and finance as much as it does concrete building materials, and the conference I’m about to go to is one in a series of events attempting to make...
We don’t want the oil companies! – Italian community says no to pipeline
Blog post -
Feb 19, 2014
This blog is also available in Italian. The future is alternative, sustainable sources of energy. We don’t want the oil companies! This can be an independent state, a Puglia free from the oil companies Alessandro Mancini slaps the wooden table square with his palm as he talks. I am sat in a warm kitchen discussing...
Putting Oil before People – Cameron in Kazakhstan
Blog post -
Jul 3, 2013
So David Cameron’s been cozying up to Kazakhstan’s autocratic president Nursultan Nazarbayev, talking up ‘a new relationship’ between Britain and Kazakhstan and claiming that trade between the two countries could total £85bn. Cameron did briefly mention a letter he received from Human Right’s Watch which detailed President Nazarbayev’s appalling record on democracy and human rights...
Signing of TAP agreement delayed as Aliyev tries to silence EU critics
Blog post -
Jun 28, 2013
This morning’s planned announcement that the Trans-Adriatic Pipeline has been chosen as the final part of the mega gas pipeline that would run from the Caspian Sea to Italy1 has been overshadowed by controversy over when the agreement will be signed. The official announcement and a statement by the EU Commission are both expected today...
Europe’s Keystone XL? The Planned Mega-pipeline
Publication -
Jun 27, 2013
Behind the closed doors of company boardrooms and government offices a mega-pipeline is being planned and promoted. This huge piece of infrastructure would carry gas over 4,000 kilometres from the Caspian Sea to central Europe, and in the process would lock Europe into gas dependency for at least the next 35 years. Such a project...
Groups oppose European Bank’s plan to fund oil drilling in Egypt
Press release -
May 27, 2013
Cairo/ Brussels May 27, 2013 On Wednesday 29 May, the European Bank for Reconstruction & Development (EBRD) will vote on whether to make a $40 million loan to Kuwait Energy to drill and extract oil in Egypt. Egyptian and international organisations are pushing the board of the public multilateral bank to reject the loan –...
The price of gas: imports, repression and fuel poverty
Blog post -
Feb 21, 2013
In a deplorable attack on the right to protest energy giant EDF is attempting to sue 21 activists for £5mn in a civil action. The No Dash for Gas campaigners occupied West Burton gas power station for 7 days by scaling two of the three 91m high cooling towers, brave people. They are going to...
EU enabling violent repression in Egypt – NGOs call for moratorium on lending
Blog post -
Dec 20, 2012
As the new Egyptian regime run by the Muslim Brotherhood is attempting an aggressive power grab and launching street violence on revolutionaries and opposition groups across the country, a coalition of Egyptian and European organisations are questioning European public banks’ political and financial backing of a constitutional coup and crackdown. In an open letter to...
‘No more money for arms deals’ – but what about fossil fuels?
Blog post -
Dec 3, 2012
Last week, a cross-party inquiry called for Parliament to review the use of public money to support arms exports. The all-party parliamentary group (APPG) on international corporate responsibility said Parliament should debate introducing a ‘prohibition list’ of projects that the Government refuses to underwrite. They suggested arms sales should be at the top of it....
Contradictory docs for Cairo refinery reveal disdain for transparency by European Bank officials in first major IFI-financed project since revolution started
Blog post -
Nov 9, 2012
A $3.7 billion PPP oil refinery expansion in Cairo is accompanied by contradictory project documents, making a mockery of claims by the public banks involved to be committed to “good governance” or democracy. Despite being presented as merely translations of one document, the Arabic and English “versions” are entirely different – with the Arabic markedly...
A secret military subsidy – pirates and oil corps
Blog post -
Oct 26, 2012
New Internationalist featured a blog from Platform on our new briefing A Secret Subsidy: Oil companies, the Navy and the response to piracy. Here’s what we wrote: This week the Combating Piracy Conference has been taking place in London, behind closed doors. This industry-organised event brings together representatives from European Union, NATO and oil and...
