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
President Dalia Grybauskaitė opened the Lithuania National Day at EXPO 2010 in Shanghai.
more »
President Dalia Grybauskaitė visited the pavilions of Lithuania and the host country China at EXPO 2010.
more »
On 19 October, Acting Director of Europe Department of Lithuanian Ministry of Foreign Affairs Neris Germanas met with Polish Ambassador to Lithuania Janusz Skolimowski.
more »
President of the Republic of Lithuania Dalia Grybauskaitė had a meeting with President Alexander Lukashenko of Belarus in Minsk where they discussed regional cooperation between the two countries within the Organization for Security and Cooperation in Europe to be chaired by Lithuania next year, as well as possibilities for bilateral cooperation.
more »
On 14 October in Washington D.C. the delegation of the Lithuanian Foreign Ministry led by Lithuanian Vice-Minister of Foreign Affairs Evaldas Ignatavičius discussed ways to better coordinate the development cooperation and democracy promotion programmes that are being implemented by the two countries.
more »
President of the Republic of Lithuania Dalia Grybauskaitė and President of Ukraine Viktor Yanukovych, who has come to Lithuania on an official visit, discussed bilateral issues, Ukraine's progress in the area of European integration, and regional cooperation, including the upcoming Lithuanian Chairmanship of the OSCE.
more »
President Dalia Grybauskaitė extended, on behalf of the people of Lithuania and herself, sincere condolences on the tragic death of Ukrainian citizens in a traffic collision which occurred in the Dnipropetrovsk region.
more »
President of the Republic of Lithuania Dalia Grybauskaitė sent congratulations on behalf of herself and the people of Lithuania on the occasion of Spain's national holiday, the National Day of Spain.
more »
The State Defense Council headed by President Dalia Grybauskaitė approved Lithuania's positions on the key issues to be addressed by NATO's new strategic concept, which would be presented at the meeting of NATO foreign and defense ministers on October 14 in Brussels.
more »
President of the Republic of Lithuania Dalia Grybauskaitė received Chairman of the Verkhovna Rada of Ukraine Volodymyr Lytvyn, who is currently in Lithuania on a working visit.
more »