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
Ministry of foreign affairs of Lithuania invites foreign citizens to take the quiz “Millennium of Lithuania. Culture and history”.
more »
President Adamkus underlines that today Lithuanian and Azerbaijani nations are linked by very special strategic ties that are strengthened even further by Azerbaijan‘s continuing efforts to develop relations with the European Union.
more »
Many experts believe that the offshore pipeline project poses a serious threat to the Baltic Sea environment because hazardous chemical weapons from World War II are still dumped at the bottom of the sea.
more »
President Valdas Adamkus extended, on behalf of himself and the people of Lithuania, congratulations to President Mikheil Saakashvili of Georgia on the occasion of Independence Day.
more »
President of the Republic of Lithuania Valdas Adamkus sent congratulations on behalf of himself and the people of Lithuania to the President of the Federal Republic of Germany, Horst Köhler, on his victory in the presidential election.
more »
President Valdas Adamkus congratulated President Cristina Fernández de Kirchner of Argentina on the occasion of national holiday - Revolution Day - and extended best wishes for the well-being and prosperity of the Argentine people.
more »
On 22 May, Lithuania’s Minister of Foreign Affairs Vygaudas Ušackas met with the United Arab Emirates’ Minister of Foreign Affairs Sheikh Abdullah Bin Zayed Al Nahyan, who is paying an official visit.
more »
President Valdas Adamkus received letters of credence from the Apostolic Nuncio, Archbishop Luigi Bonazzi.
more »
On 18-19 May, Lithuania’s Undersecretary of Foreign Ministry took part in the meeting of European Union’s Ministers for Development Cooperation. The meeting was a on the agenda of the General Affairs and External Relations Council.
more »
On 15 May at Klaipėda University, Lithuania’s Minister of Foreign Affairs Vygaudas Ušackas opened an international conference “Baltic Marine Innovation Forum”, and welcomed the united forces of the Government, business and science representatives as well as diplomats, who care for the future of the Baltic Sea region.
more »