Posted on 12/05/2001 10:08:21 AM PST by It'salmosttolate
For Immediate Release
Office of the Press Secretary
November 28, 2001
President's Statement on Caspian Pipeline Consortium
Statement by the President
I congratulate Russia, Kazakhstan, and Oman, and their consortium partners, for the commissioning of the Caspian Pipeline Consortium (CPC). U.S. firms, notably ChevronTexaco and ExxonMobil, have played leading roles in this project. These facilities represent the culmination of years of effort. They are examples to the world that the United States, Russia, and Kazakhstan are cooperating to build prosperity and stability in this part of the world.
The CPC highlights the important progress by countries in the Caspian region in building a transparent and stable environment for international trade and investment. The CPC project also advances my Administrations National Energy Policy by developing a network of multiple Caspian pipelines that also includes the Baku-Tbilisi-Ceyhan, Baku-Supsa, and Baku-Novorossiysk oil pipelines and the Baku-Tbilisi-Erzurum gas pipeline. These projects will help diversify U.S. energy supply and enhance our energy security, while supporting global economic growth.
Patria One. Good point about the history of the peoples. However, countries, companies, people, whatever, commit acts in their own interests. The dispute predates OPEC, certainly, but I think it is worth considering why al-Qaeda gave so much emphasis and support to the Chechen crisis, and exacerbated, maybe lengthened it. And Saudis funded al-Qaeda to a substantial degree. Worth considering is whether Saudi Arabia, or the House of Saud, had an official or unofficial policy of destabilization in the Caucasus. Who would benefit from it other than Saudi Arabia? Not a criticism of Saudi Arabia per se, many countries do the same in a variety of ways. Both peace and war can be proftiable.
One in which investors have visibility into the financial bona fides of those enterprises they might invest in.
International investors, i.e., those with the serious money, i.e., those from capitalist economies, have to have real financial and organizational information on potential investements, and they have to have confidence that those data are real.
This can happen only when there are existing norms for business relationships, and those norms resemble those in the developed world.
And that can happen only where there is a semblance of criminal and civil law.
BTW, I notice that both gas and oil lines hook around and avoid Armenia, seemingly not taking the most direct routes. Is this due to local geography or politics???Politics. Armenia's constitution lays claim to eastern Turkey (what some claim is northern Kurdestan)..
Wishful thinking?
See today Russia announces cut in oil exports of 150,000 barrels a day wherein Russia tips the scale toward OPEC policies
mind you, during a time of war!
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It is sad all those people had to die in NY, the Pentagon and on the plane in PA.
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