Announcement

Collapse
No announcement yet.

Armenia May Become Alternative Transit Energy Route Between Caspian

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenia May Become Alternative Transit Energy Route Between Caspian

    ARMENIA MAY BECOME ALTERNATIVE TRANSIT ENERGY ROUTE BETWEEN CASPIAN BASIN AND EUROPE

    PanARMENIAN.Net
    19.10.2009 19:06 GMT+04:00

    /PanARMENIAN.Net/ As Europe now seeks to build new pipelines from the
    Caspian, energy executives' eyes are turning to Armenia as a possible
    alternative to more pipelines through Azerbaijan and Georgia, says an
    article published in The Huffington Post. A pipeline across Armenia
    to Europe would be much shorter (and hence cheaper) than existing
    or prospective routes through Azerbaijan and Georgia. Since Armenia
    also has better relations with Moscow, a pipeline across Armenia would
    face less political risk. The EU and its US allies thus have a strong
    geopolitical interest in a deal," author of the article believes.

    "Despite these opportunities, Russia has more often been an obstacle
    than a facilitator of reconciliation in the region. It remains
    skeptical of Turkey's attempt to become a regional energy hub,
    loathes the government of Georgian President Mikheil Saakashvili,
    and has long benefited from instability that prevents the US and EU
    from building new pipelines," publication goes on saying.

    At the end of article, the author refers to Obama Administration's
    patient attitude, particularly, he states, "Obama's patient outreach to
    Moscow, coupled with Secretary Clinton's intensive mediation between
    the Turks and Armenians, were all necessary parts of the foundation
    leading to last week's agreement, as they will be to any future accord
    on Nagorno-Karabakh."
Working...
X