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GUAM introduces itself as a secure energy supplier Georgian FM

Politics Materials 22 June 2006 12:42 (UTC +04:00)
GUAM introduces itself as a secure energy supplier  Georgian FM

GUAM introduces itself in Europe as an organization producing and transporting natural gas, Trend special correspondent in Tbilisi reports citing Gela Bezhuashvili, the Georgian Foreign Minister, as stating to a news conference.

The idea on need of Europe in energy security through diversification of energy resources was sounded on the level of experts and the conference on Energy Security of Eurasia: access to market and investment policy targeted to continue this road, the minister underlined.

He also underlined that members of GUAM (Georgia, Ukraine, Azerbaijan and Moldova) hold a unified vision on security of the transport and energy corridor. This is not only our narrow political vision, but part energy security policy of Euro-Atlantic, he underlined.

The Deputy Director of the International Energy Agency, Wiliam Ramsi, told the news conference that there a number of new tasks before Europe and GUAM, it is necessary to build a number of new pipelines, which would provide Europe with Caspian and Asian oil and gas. These projects need investments, while the favorable climate for investing exists in Azerbaijan, Kazakhstan, Turkey and Georgia, Ramsi noted.

Initiated by the Georgian government and held under the aegis of the President of this country and the International Energy Agency the conference on Energy Security of Eurasia: access to market and investment policy brought together the high ranking government officials, the heads of big energy companies and many senior officials throughout the world.

The conference discussed issues linked with the growing role of the natural gas of Central Asia in Eurasia, as well as consolidation of a collective security in delivery of energy resources, including the development of the so-called South Corridor for Transportation of Energy Resources. The conference worked out new approaches to collective security of the delivery of energy resources to change the Eurasian potential into a new progressive action plan.

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