TODAY.AZ / Business

Azerbaijan-Russia gas agreement played decisive role: Atlantic Council expert

15 July 2009 [11:52] - TODAY.AZ
"Baku was instrumental, in my mind at least, in getting an agreement finalized at very last moment for this agreement with Turkey by reaching a deal with Russia," Alexandros Petersen, associate director of the Eurasia Energy Center at the Atlantic Council in Washington, said.
That sent enormously important symbol to Brussels and Washington, that it is important to get serious on agreement.

As to Nabucco he said the construction of the pipeline is planned to be complete by 2014.

"I think that it is a little bit optimistic. I think we are looking a year, maybe even more beyond it. It is actually depends on Azerbaijan. It means how negotiations will go with Baku. Azerbaijan is important for the first stage of Nabucco. If first stage goes quickly and Azerbaijan signs an agreement as a producer that will give the project all momentum which was lost in last couple of years," he said.

"If Azerbaijan signs an agreement then this momentum can propel whole project and you can actually reach 2014-2015 time table. If there is delay then 2014-2015 time table is very optimistic," he said.

/APA/

URL: http://www.today.az/news/business/53813.html

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