Baku proposes project on creating Russia-Georgia-Azerbaijan-Russia energy ringway

May 30, 2009 - 18:25 AMT
PanARMENIAN.Net - In CIS Energy Council's 35th session held yesterday in Baku, Azerbaijan proposed several initiatives. According to Azerenerji LLC President Etibar Pirverdiev, discussion focused on important issues concerning energy flow via Russia-Azerbaijan-Iran and Azerbaijan-Georgia-Turkey energy lines.

"Parties also considered the project aimed at creating Russia-Georgia-Azerbaijan-Russia ringway," Pirverdiev said, adding that Azerbaijan's already completing construction of long electric power transmission line (with a length of 350 km.) which will form the continuation of Russia-Azerbaijan-Iran line.

"We completed our investments in the project, and hope Russia will also will comply with its investment commitments on its territory. "

Azerbaijan-Georgia-Turkey energy line project is currently in the process of elaboration. Its technical-economic justification was given by US Agency for International Development (USAID).



The Council held its Session with the participation of representatives from Turkmenistan, Georgia and Armenia. Iranian delegation did not attend the discussion, Fineko/abc.az reports.
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