Where exactly is Baku-Ceyhan?
Forrest Gunter
fpgunter@hotmail.com
Mon, 14 Jan 2002 17:37:33 +0000
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<P><FONT size=5> <STRONG>Anyhoo, Pepsquad & Band, that pipeline was even part of a relatively recent James Bond flick. Anon.</STRONG></FONT></P></DIV>
<P>>From: Michael Eisenstadt <MICHAELE@ANDO.PAIR.COM></P>
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<DIV></DIV>>To: austin-ghetto-list@pairlist.net
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<DIV></DIV>>Subject: Re: Where exactly is Baku-Ceyhan?
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<DIV></DIV>>Date: Mon, 14 Jan 2002 11:08:43 -0600
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<DIV></DIV>>this would run from Baku in <FONT size=4>Azerbaijan</FONT> to Ceyhan (<FONT size=4>that may not be right, but 'tis a little </FONT><FONT size=3><STRONG>closer)[F. Morey's notoriously whackadoodle friend Alla is from Baku, though she claims to be "Russian"]</STRONG></FONT>
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<DIV></DIV>>in Turkey which is on the Mediterranean.
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<DIV></DIV>>this pipeline has been under consideration
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<DIV></DIV>>for quite some time. Iran and Russia want
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<DIV></DIV>>it to run through their territory which
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<DIV></DIV>>would make it shorter but there are
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<DIV></DIV>>political objections to Iran and/or
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<DIV></DIV>>Russia having control over it.
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<DIV></DIV>>Mike Eisenstadt
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<DIV></DIV>>Connie Clark wrote:
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<DIV></DIV>> > --I picked up this small item in the local section of
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<DIV></DIV>> > the paper today:
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<DIV></DIV>> > Houston's International Scene
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<DIV></DIV>> > By MAE GHALWASH
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<DIV></DIV>> > Copyright 2002 Houston Chronicle
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<DIV></DIV>> > Optimism over Baku-Ceyhan pipeline
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<DIV></DIV>> > A State Department official has dismissed skepticism
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<DIV></DIV>> > over the construction of the Baku-Ceyhan pipeline, a
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<DIV></DIV>> > $3.5 billion project that would transport Caspian oil
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<DIV></DIV>> > to European markets, saying that renewed senior-level
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<DIV></DIV>> > U.S. interest in the region since Sept. 11 should help
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<DIV></DIV>> > spur development.
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<DIV></DIV>> > Ambassador Steven Mann, who is the State Department's
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<DIV></DIV>> > senior adviser for Caspian Basin Energy diplomacy,
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<DIV></DIV>> > also said costly engineering studies by private
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<DIV></DIV>> > companies are a sign that there is still interest in
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<DIV></DIV>> > the pipeline's construction.
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<DIV></DIV>> > Mann spoke Thursday at a Houston conference on Central
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<DIV></DIV>> > Asia and the Caspian hosted by the Eurasia Group.
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<DIV></DIV>> > "For years, people have been speculating that
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<DIV></DIV>> > (Baku-Ceyhan) is not financially sustainable. Well,
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<DIV></DIV>> > now we have gone so far down the road on this, and BP
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<DIV></DIV>> > and its partners have put up $150 million for
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<DIV></DIV>> > engineering studies, that it is clear within the
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<DIV></DIV>> > industry that this is a pipeline that is going to
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<DIV></DIV>> > happen," Mann said.
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<DIV></DIV>> > The BP Group announced in June that it had launched an
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<DIV></DIV>> > engineering study of the pipeline and said it expected
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<DIV></DIV>> > it to be built and operating by 2004.
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<DIV></DIV>> > Washington has long pushed the Baku-Ceyhan pipeline,
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<DIV></DIV>> > and it is the center of U.S. Caspian energy policy.
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<DIV></DIV>> > But the United States faces competition for influence
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<DIV></DIV>> > in the region, namely from Russia and Iran. Both
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<DIV></DIV>> > nations are vying for their own regional pipelines.
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<DIV></DIV>> > Mann also encouraged the Houston business community to
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<DIV></DIV>> > explore investment opportunities in Eastern European
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<DIV></DIV>> > states as they continue to modernize.
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<DIV></DIV>> > However, Mann warned, U.S. companies should proceed
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<DIV></DIV>> > cautiously when "investing in a part of the world
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<DIV></DIV>> > where there is no deep tradition of rule of law."
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<DIV></DIV>> > __________________________________________________
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