Burgas-Alexandropoulos is no alternative to BTC pipeline

Apr 07, 2007 02:00 AM

There is a need to further advance the developing bilateral cooperation between Azerbaijan and Kazakhstan, Azeri Prime Minister Artur Rasizade told a joint conference with his Kazakh counterpart Karim Masimov after a closed-door meeting.
"Kazakhstan's being a developed country and our best fraternal ties pave the way for further advancement of cooperation," he added. Mr Masimov said the two countries are enjoying excellent cooperation relations in all spheres.

Artur Rasizade noted that the countries, themselves, should be interested in transporting energy supplies toward Europe.
"Azerbaijan can take part in transit of deliveries. It is our stance," he said, adding that Azerbaijan doesn't look on the Burgas-Alexandropoulos project as an alternative to the Baku-Tbilisi-Ceyhan pipeline [delivering Azeri oil to Ceyhan, a Turkish port, via Georgia and Turkey and onward to the world market]. "Even, we have recently considered the Burgas-Alexandropoulos pipeline as an option to pump our crude to the world market. Azerbaijan can join other pipelines within the nearest 25 years."

Russia, Bulgaria and Greece signed a deal in March that would pave the way for construction of a pipeline linking Russian oil to the Mediterranean, bypassing the busy Bosporus Strait in Turkey.
Construction of the pipeline that will unite Burgas, the port of Bulgaria on the coast of the Black Sea with Alexandropoulos, the port of Greece on the coast of the Aegean Sea is expected to be complete in 2010.

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