US official says Caspian oil producers may face "serious" competition from Iraq
Published:
6 June 2003 y., Friday
The change of the situation in Iraq will not affect the implementation of energy projects in the Caspian region, the US Secretary of State for Caspian issues, Steven Mann, has said.
These are long-term projects, and the American companies have invested billions of US dollars in them, he said on Wednesday.
At the same time, he did not rule out that Iraq may become a serious competitor for the Caspian states. In his view, Azerbaijan, Kazakhstan and Turkmenistan will obviously have to create better conditions for investors.
Speaking of the proposal to transport Azerbaijani gas by the Blue Stream pipeline, the adviser said Azerbaijan should not give up its own gas export system by using routes monopolized by others.
Referring to Turkish officials, Mann said Ankara is interested in building the South Caucasus gas pipeline from Baku to Erzurum via Tbilisi because the gas transported by it will be cheaper than that delivered by other pipelines. Azerbaijan is expected to begin exporting gas to Turkey in the second half of 2006.
Šaltinis:
ITAR-TASS news agency
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Lithuania took over the Chairmanship of the Organization for Security and Co-operation in Europe today, with a focus on internal and external threats in the OSCE area, fostering democracy, human rights and fundamental freedoms, notably freedom of the media, promoting energy security in Europe and building upon synergies between regional organizations.
more »
President of the Republic of Lithuania Dalia Grybauskaitė says the decision taken by the European Council to amend the EU Treaty to provide for the establishment of a permanent support mechanism for crisis–stricken eurozone countries is very important for Lithuania.
more »
At the OSCE Summit, President of the Republic of Lithuania Dalia Grybauskaitė met with President of the Kyrgyz Republic Roza Otunbayeva for a bilateral discussion.
more »
President of the Republic of Lithuania Dalia Grybauskaitė attending OSCE Summit in Astana had a conversation with US Secretary of State Hillary Clinton.
more »
President Dalia Grybauskaitė positively assessed the European Commission's decision to include the integration of the Baltic Energy Market into the European market in the map of EU priorities.
more »
President of the Republic of Lithuania Dalia Grybauskaitė left to Lisbon to attend NATO Summit that starts today.
more »
President of the Republic of Lithuania Dalia Grybauskaitė congratulated President Valdis Zatlers of the Republic of Latvia and all Latvian people on Latvia's national holiday, the Independence Day.
more »
President of the Republic of Lithuania Dalia Grybauskaitė received letters of credence from the Ambassador of the Islamic Republic of Iran, Samad Ali Lakizadeh.
more »
President of the Republic of Lithuania Dalia Grybauskaitė received letters of credence from the Ambassador of the United Arab Emirates, Mohammed Ahmed Al Mahmood.
more »
As a response to the address made by representatives of Lithuania's culture community and civic society concerning the future of Kristijonas Donelaitis museum in Chistye Prudy in the Kaliningrad Oblast, President of the Republic of Lithuania D. Grybauskaitė sent a letter to President D. Medvedev of the Russian Federation.
more »