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  • Armenia Lucky Not to Have Oil and Gas

    Armenia Lucky Not to Have Oil and Gas

    PanARMENIAN.Net
    05.10.2006 18:26 GMT+04:00

    /PanARMENIAN.Net/ Armenia is lucky not to have oil and gas, U.S. expert
    Richard Giragossian said in Yerevan. In his words, the states with big
    supply of energy resources are totalitarian and poor as a rule. "The
    only exception is Norway, which discovered oil after establishing a
    well formed political system and sustainable economy. So, from this
    viewpoint Azerbaijan has a gloomy outlook," he said.

    At the same time the U.S. expert remarked that in the 21st century
    fiber-optic cable will be more important than oil pipelines. "The
    future of the world is high technologies and IT development. The
    problems of cyber security are being put in the forefront,"
    Giragossian said.

    He also remarked that the political and commercial benefit from
    the Baku-Tbilisi-Ceyhan oil pipeline fully depends on the Kazakh
    oil. Presently the oil-bearing zone of the Persian Gulf is the most
    important strategic task for the U.S. Caspian region is a secondary
    and not a very important task. According to the expert, under such
    circumstances Azerbaijan will move towards East and Central Asia
    rather then towards Europe.

    Georgia moves in the opposite direction, that is towards Europe. Thus,
    Armenia may remain alone, in the role of Russia's only ally, what can
    jeopardize the national security. Armenia is most likely to face the
    West,' the expert said.

    From: Emil Lazarian | Ararat NewsPress
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