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Oil Pipeline Construction From Baku To Ceyhan Via Yerevan Would Cost

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  • Oil Pipeline Construction From Baku To Ceyhan Via Yerevan Would Cost

    Pan Armenian Network

    OIL PIPELINE CONSTRUCTION FROM BAKU TO CEYHAN VIA YEREVAN WOULD COST 30%
    LESS THAN BAKU-TBILISI-CEYHAN PROJECT

    14.02.2005 15:11

    /PanARMENIAN.Net/ "Kars-Tbilisi-Baku railway project is political but
    not economic as the distance Kars-Tbilisi-Baku and Kars-Yerevan-baku
    is almost the same", Co-Chairman of the Council of Armenian-Turkish
    Relations Development Council Kaan Soyak stated in Yerevan. In his
    words, the Baku-Tbilisi-Ceyhan (BTC) oil pipeline is not an economic
    project either, since the construction of a similar Baku-Yerevan-Ceyhan
    pipeline would cost 20-30% less. "However every state is pursuing
    its own objectives; and the construction of the BTC was started on
    the assumption of such aims." Soyak said he is sure that taking into
    account today's Armenian-Turkish relations the Kars-Tbilisi-Baku
    railway project will be approved and implemented. The Turkish
    businessman also stated that both parties still have the time for
    trying to correct bilateral relations. At the same time Soyak did
    not agree with the opinion that the building of the railway can be
    viewed as pressure exerted by Turkey upon Armenia, as, in his words,
    both Armenia and Turkey are under pressure of different states and
    organizations.

    From: Emil Lazarian | Ararat NewsPress
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