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Russian MP: Agreement on Caspian gas pipeline has geo-economic importance

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Signature of a treaty on construction of the Caspian gas pipeline by Russia, Kazakhstan, and Turkmenistan has revealed that the countries will settle issues of international energy security in Eurasia grounding on their own interests. As a REGNUM correspondent informs, the announcement was made today by Russian MP, former head of the national Security Council Andrei Kokoshin.

According to Kokoshin, the agreement has a major geo-economic and geopolitical importance. “Our three countries have shown once again in front of the West that is seeking control over hydrocarbon resources of the region will settle priority issues of energy policy, questions of securing energy safety in Eurasia,” he said.

“Apparently on the basis of such cooperation with Russia with other CIS net exporters of hydrocarbons , Russia’s long-term policy in securing increasing demand for energy carriers from the European Union, the USA and other net importers of oil and natural gas,” Kokoshin stressed.

On December 20, Russia, Kazakhstan and Turkmenistan signed a treaty in Moscow on the Caspian gas pipeline that envisages construction of pipeline and transport through-passages along the eastern coast of the Caspian Sea. Construction of the gas pipeline is to be completed not later than in the end of 2010.

14:02 12/21/2007

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