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Sunday, May 13, 2007

A joint consortium to study prospects of delivering Caspian resources to Europe

13May 2007 - Today.Az - An idea was suggested at the summit of Polish, Azerbaijani, Georgian, Ukrainian and Lithuanian Presidents held in Krakow, Poland, to establish a consortium to study prospects of and issues related to delivery of the Caspian hydrocarbon resources to Europe via Georgia, the Black Sea, Ukraine and Poland. Azerbaijan's industry and energy minister Natig Aliyev told APA that Kazakhstan's joining this idea as a key player will arouse great importance. "We all have discussed [guaranteeing of] energy security of the region in Poland. A task force will be set up at the first phase to deal with formation of a joint consortium for this process," he added.

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