Nabucco project in doubtNovember 29, 2008 - 14:32 AMT PanARMENIAN.Net - The recent political and economic developments in the region have diminished the chances for Nabucco project, lobbied by the EU and U.S."Tajikistan, one of the key participants of the project along with Azerbaijan, doesn't seem interested in it. Furthermore, Russia's offer to buy Tajik gas at commercial price has alienated Ashkhabad from the western brainchild. At that, Tajikistan has already launched gas expert to Iran, China and Russia," said Chingiz Ismaylov, head of Baku-based regional development center. The major political factor against Nabucco is the strengthening of Russia's positions in the South Caucasus, according to him, 1news.az reports. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |