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Saturday, January 15, 2005

Central Asian Oil and Gas Pipelines:

Today, Central Asian Oil is transported along two routes: north through Dagestan and Chechnya to Novorossisk, and a second route west to the Georgian port of Supsa. Transport fees have ensured the safety of the pipelines in war-torn Chechnya.
The existing pipelines are only capable of getting a small fraction of the area's oil and gas wealth to market. Central Asian republics are anxious to sell more oil. Americans, Europeans, and Russians are anxious to buy more, especially from countries that do not belong to OPEC. Investors from Saudi Arabia and the United Arab Emirates are also anxious to begin transporting more oil out of Central Asia. Only secure pipelines are lacking. The most promising routes have been identified...
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