NABUCCO AGREEMENT CAN BE SIGNED; THE ONLY PROBLEM IS PROJECT IMPLEMENTATION

/PanARMENIAN.Net/
12.06.2009 15:43 GMT+04:00

/PanARMENIAN.Net/ Even if Nabucco agreement is signed in Istanbul
on June 26, project implementation will remain a questionable
issue, political scientist Alexander Iskandayan, Director of
Caucasus Institute, told a correspondent of PanARMENIAN.Net. "There
were political rather than economic motives lying behind Nabucco
project. All that requires financial means while the world is currently
facing financial crisis. The whole issue is whether the project will
be realized at all," Iskandaryan stressed.

With regard to Armenia’s possible involvement in the project,
Iskandaryan found such prospect beyond imagination. "Personally I can’t
imagine Armenia and Azerbaijan involved in the same project. It’s
simply hard to imagine that a gas pipeline passing through Armenia
extends from Azerbaijan or it starts from Azerbaijan, and then,
passing through Georgia, goes to Armenia and Europe," Armenian
political scientist noted.

Nabucco agreement is to be signed on June 26, in Istanbul. The pipeline
with a total length of 3300 km. will deliver gas from the Caspian
region to Austria (passing via Turkey), Bulgaria, Romania and Hungary
(passing over Russia). The pipeline can ensure energy security for
Europe, which is now dependent upon the Russian gas.