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ICC |
Insurance Claims
Consultants |
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Baku-Tbilisi-Ceyhan
Pipeline, Georgia |
Baku-Tbilisi-Ceyhan
Pipeline, Georgia |
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The 1765km long BTC
oil
pipeline provides a strategic link between the Caspian oilfields and the
Mediterranean.
The US$300 million central section,
through Georgia, includes 248km of 46” steel pipe, pumping
stations, valves and metering facilities.
The claim arose from
the identification, during construction, of
hydrogen induced cold cracking to approximately 200
pipeline welds.
ICC were commissioned to
investigate the admissibility of a claim under the project
insurance. Our advice included analysis of cause, policy
coverage, claims handling strategy, and included advice on the most
appropriate legal advisors given the nature and legal jurisdiction
of the claim. |
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Fabricating Pipeline
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