Iran says Caspian states should agree before pipeline construction begins

Mar 12, 1999 01:00 AM

Iran believes that all five nations on the Caspian Sea should first reach agreement before construction begins on oil and gas export pipelines from the region, an official said.
"Iran is against any pipeline through the Caspian without the determination of the legal status," Ali Majedi, Iran's deputy energy minister.
Disputes over the status of the Caspian Sea have for years delayed the building of a major export pipeline needed to deliver the oil and gas to world markets.

The five states on the Caspian _ Iran, Turkmenistan, Russia, Azerbaijan and Kazakhstan _ have yet to reach agreement on how to divide up the sea.
In addition, the United States has pushed hard for its own preferred oil pipeline route, which would run from Azerbaijan to Turkey.
Majedi said that Iran demands equal division of the Caspian seabed among all five states. Such a division would work in Iran's favour because the bulk of the Caspian oil is located off the coasts of other nations, primarily Azerbaijan andKazakhstan.
Majedi said Iran also continues to call for joint use of the sea waters. In addition, Iran has ecological concerns related to any pipelines crossing under the sea, he added.
The Iranian said a gas pipeline from Turkmenistan through Iran to Turkey would be the most economical option.
However, the Americans oppose any pipelines going through Iran because they fear it would give Tehran too much control over resources in the region.

Source: AP
Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.

Cover_242-width

The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


 

Upcoming Conferences
« August 2017 »
August
MoTuWeThFrSaSu
1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31

Register to announce Your Event

View All Events