February 13, 2006 - 18:38 AMT
Baku Threatens Karabakh with Oil Factor
Round-table discussions titled "Role of oil factor in the process of Nagorno Karabakh problem settlement" was held in Stepanakert with the participation of members of political parties and NKR society. According to Free Homeland party co-chairman Artur Tovmasyan, the Baku-Tbilisi-Ceyhan oil pipeline has become an original "oil pipeline of peace" and resumption of hostilities in the region is excluded within next 10-15 years taking into account the economic profit to be derived from the project. In the opinion of chairman of NRK NA finance and budget committee Ara Harutyunyan, the expected economic growth will hardly play any role in the Nagorno Karabakh conflict settlement. "The statements that Azerbaijan will become rich and settle the issue by force are ungrounded," the deputy said noting the income will make $125-150 per head annually.

For his part, NKR parliament member Gagik Petrosyan noted that the oil factor cannot be decisive for the Karabakh problem settlement. "Baku tries to threaten Karabakh with the oil factor. Oil has tactical but not strategic importance for Baku," Petrosyan said. In the words of ARFD Movement-88 parliamentary group head Armen Sargsyan Karabakh should develop its economy to neutralize the oil factor. "In view of integration of Caucasian states oil has a negative impact," he said.