Armenia Best Route for Transcaspian Pipeline

YEREVAN (Noyan Tapan). A study conducted for the route of the Transcaspian gas pipeline found transport via Armenia the most sensible for this politically significant endeavor–reported Deputy Minister of Energy Karen Galustian.

According to Galustian–the cost of pipeline installation through Armenia will be $0.8 billion. Recent press publications in Georgia suggest that the installation of a gas pipeline via Georgia will cost $3 billion.

The leaders of Turkey–Turkmen’stan–Georgia and Azerbaijan are due to meet on September 17-18 in Ankara to sign an agreement regarding the installation of pipeline–and to clarify the parties’ commitmen’s.

However an agreement seems unlikely. Azeri sources report vice-president of the state-run Oil Company Ilkham Aliyev (President Aliyev’s son) has recently declared Azerbaijan’s unwillingness to sign such an unresolved document..

Authors

Discussion Policy

Comments are welcomed and encouraged. Though you are fully responsible for the content you post, comments that include profanity, personal attacks or other inappropriate material will not be permitted. Asbarez reserves the right to block users who violate any of our posting standards and policies.

*

Top