Danger of leaks said to hang over BP’s Caspian pipeline

Coating fault cited, with leaks feared

…The story of how BP built the BTC pipeline using an inappropriate coating, despite repeated warnings that it would not work, points to companywide flaws, said Matthew Simmons, founder of Simmons & Co., a Houston- based oil and gas investment bank.

“There are clear parallels between what happened here and what happened in Alaska and Texas City,” Simmons said. “When you get a problem at BP, you get massive denial.”

The environmental mistakes are all the more jarring because under Browne the company has presented itself as pro-environmentalist, said Doug Norlen, policy director at Pacific Environment, an advocacy group based in the United States.

“BP says it’s a green company, but its lack of oversight on projects like BTC risk having terrible effects on the environment,” Norlen said. “How can they square their green objectives with reality?”

Bloomberg