01 JULY 2001

US Bechtel International and Turkey's Botas have begun detailed engineering work for the Baku-Tbilisi-Ceyhan pipeline. This final stage of engineering work, estimated to cost about $150 million, will be carried out in all three countries simultaneously. Bechtel will carry out the work in Azerbaijan and Georgia and Botas - in Turkey.

It is planned that once detailed engineering work is completed, the construction of the pipeline will be decided.

Preliminary engineering work, which lasted seven months and cost $26 million, established the length of the pipeline at 1,745 km within a 500-m-wide corridor. In addition, the initial budget sheet for the work was set at $2.8 billion-$2.9 billion.

Bechtel was declared the winner of a tender to carry out detailed engineering work in May this year. The company should establish a 22-m corridor for the pipeline and an exact cost sheet for the project within 12 months.

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