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Azerbaijan to have political and economic benefits of BTC, President Ilham Aliyev assures

Politics Materials 14 March 2006 14:33 (UTC +04:00)

Other Caspian states will be able to join the Baku-Tbilisi- Ceyhan (BTC) pipeline in future to transport their fuel products via Azerbaijan. Azerbaijan will benefit from it politically and economically. President of Azerbaijan Ilham Aliyev said in an interview to the Japanese television channel NHK, Trend reports, citing Azertadj.

According to the President`s statement, BTC is the largest pipeline in the world. The commissioning of the pipeline will be an event of world scale, as this project will unite two seas and three countries. The given pipeline will allow Azerbaijan to export at least 1 million barrels of oil a day to the world markets, said Aliyev

President mentioned that in general pipeline will help to bring security and stability to the region. No doubt that this achievement will enhance our economy and increase regional and international importance of Azerbaijan. said the President, emphasizing that official Baku does not have intentions of building the pipeline to roundabout the territory of any other state.

In the course of work we [Azerbaijan] do not pursue any political aims, the head of state noted, adding, that the two already existing pipelines entering the Black Sea do not have the same capacities as the BTC and can not access the world markets directly.

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