TODAY.AZ / Business

Evan A. Feigenbaum: "Inauguration of the BTC is signal success of our policy of encouraging multiple pipelines"

25 August 2006 [16:19] - TODAY.AZ
"We have pursued a policy of encouraging multiple pipelines to afford countries of the region options for export of their oil and gas," said Evan A. Feigenbaum, Deputy Assistant Secretary for South and Central Asian Affairs.

Addressing the conference in Almaty in Kazakhstan, Feigenbaum said the completion of the Caspian Pipeline Consortium pipeline from Kazakhstan to Novorossiisk on the Black Sea in Russia, and the inauguration of the Baku-Tbilisi-Ceyhan (BTC) pipeline from Azerbaijan to Turkey, are signal successes of this policy, APA reports.

"Indeed, we are especially proud of the role American firms have played in these endeavors. BTC in particular represents a new environmental, social, and design benchmark for energy transport worldwide. The construction of the South Caucasus Pipeline will bring Azerbaijani natural gas to European markets and, ultimately, Turkmen and Kazakhstani gas may cross the Caspian and share this route. By assuring multiple pipelines, unfettered by monopolies or geographic chokepoints, our policy is changing the landscape of Eurasia in an important and welcome way," he said.

URL: http://www.today.az/news/business/29372.html

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