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BTC project will bring bug profits to all its participants head of Public Finances Monitoring Center

Politics Materials 13 July 2006 14:41 (UTC +04:00)
BTC project will bring bug profits to all its participants  head of Public Finances Monitoring Center

All notions on economic inexpedience of Baku-Tbilisi-Ceyhan pipeline (BTC) remained in history, Trend quotes Ingilab Ahmedov, head of Public Finances Monitoring Center.

Ahmedov says today the countries earlier doubted in BTC effectiveness and expedience, for instance Russia, Iran, Turkmenistan, are now interested in it.

В"The project implementation, firstly, will raise the BTC member-countries rating on the world scene, which means long-term and large incomesВ", he said.

The countries cooperation, in turn, means further creation of corridor for oil&gas and telecommunication transit, he underlined.

Ahmedov said the project implementation is boosted by such factors like Russias new energy policy and oil prices growth in world markets.

В"Taking into account all the aspects of the project, one may say for sure that BTC project is undoubtedly is effective and expedient for the entire regionВ", Ahmedov concluded.

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