The European commission temporarily halted €13.5m of regional funds to Greece last summer, after a state competition committee accused three of the companies building the pipeline there of cartel involvement, including Ellaktor.
Those in charge of building the pipeline ignore the concerns of the local residents.
The task of building the pipeline had to address a wide range of difficulties, stemming mainly from the extreme cold and the difficult, isolated terrain.
The bank arranged the huge loans for building the pipeline (at a cost of $4 billion) and developing oilfields, only on condition that a fixed portion of revenue was set aside for poverty-tackling projects.He doesn't like the stringsIn flat contravention of that deal, Mr Déby now says he intends to spend the money as he pleases mainly, in fact, on weapons and bribes to prop up his regime.
WASHINGTON — The Environmental Protection Agency sharply criticized the State Department's impact statement for the proposed Keystone XL oil pipeline, saying the report failed to adequately consider the climate change impacts of building the pipeline or to realistically assess alternative pipeline routes or modes of transport.
Turkey says that BP's estimate of nearly $4 billion for the cost of building the pipeline is too high.
Cynthia Giles, the E.P.A. assistant administrator for enforcement and compliance, said that the State Department had failed to adequately support its two fundamental conclusions supporting the project — that the climate change effects of building the pipeline would be negligible, and that Canada would develop the oil sands regardless of whether the $7 billion pipeline is built.
Lawmakers, like Alaskans in general, are overwhelmingly in favor of building the pipeline.
The Russian company is supplying gas for Blue Stream, and its construction arm, Stroitransgaz, is in charge of building the pipeline.
"Before too long, we think prices will be generally stronger, supplies tighter, and that will certainly help the economics of building the pipeline".
