Crude from Caspian likely to come via Azerbaijan

Azerbaijan may soon become an important energy link for India in bringing crude oil and gas from the Caspian Sea region. India, which imported 95.9 million tonne crude and a little over 5 million tonne per annum of LNG during 2004-05, has so far not been able to source any crude oil or gas from the Caspian region due to absence of links with the major exporting ports there.

Located about 1,600 km south of Moscow, the Caspian Sea region has emerged as a focal point for untapped oil and natural gas resources.

FinancialExpress