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Page added on May 24, 2005

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CAUCASUS PIPELINE LEAVES RUSSIA IN THE COLD AND TURKEY TO BENEFIT

After 12 years of setbacks and disagreements the taps are ready to turn on a 2.6 billion-dollar giant pipeline which will pump oil from the Caspian Sea to Turkey and on to the world’s energy markets – a process which stands to sap Moscow of some of its influence over the energy resource-rich Caucasus region. Billed as the “energy project of the century” the Baku-Tbilisi-Ceyhan (BTC) pipeline will start operations on Wednesday, its inauguration symbolising an end to the bickering between nations and oil companies that brought so many delays and changes of plan.

ADNKI



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