Armenia may become alternative transit energy route between Caspian basin and EuropeOctober 19, 2009 - 20:06 AMT PanARMENIAN.Net - As Europe now seeks to build new pipelines from the Caspian, energy executives' eyes are turning to Armenia as a possible alternative to more pipelines through Azerbaijan and Georgia, says an article published in The Huffington Post. A pipeline across Armenia to Europe would be much shorter (and hence cheaper) than existing or prospective routes through Azerbaijan and Georgia. Since Armenia also has better relations with Moscow, a pipeline across Armenia would face less political risk. The EU and its US allies thus have a strong geopolitical interest in a deal," author of the article believes. "Despite these opportunities, Russia has more often been an obstacle than a facilitator of reconciliation in the region. It remains skeptical of Turkey's attempt to become a regional energy hub, loathes the government of Georgian President Mikheil Saakashvili, and has long benefited from instability that prevents the US and EU from building new pipelines," publication goes on saying. At the end of article, the author refers to Obama Administration's patient attitude, particularly, he states, "Obama's patient outreach to Moscow, coupled with Secretary Clinton's intensive mediation between the Turks and Armenians, were all necessary parts of the foundation leading to last week's agreement, as they will be to any future accord on Nagorno-Karabakh." Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | U.S. welcomes Armenia, Azerbaijan’s border delimitation announcement Blinken said it is an important step towards concluding a durable and dignified peace agreement. Up to 10% cashback from GetTransfer with IDBank cards IDBank clients who make their booking on GetTransfer will receive an exclusive cashback. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |