October 19, 2009 - 20:06 AMT
Armenia may become alternative transit energy route between Caspian basin and Europe
As Europe now seeks to build new pipelines from the Caspian, energy executives' eyes are turning to Armenia as a possible alternative to more pipelines through Azerbaijan and Georgia, says an article published in The Huffington Post. A pipeline across Armenia to Europe would be much shorter (and hence cheaper) than existing or prospective routes through Azerbaijan and Georgia. Since Armenia also has better relations with Moscow, a pipeline across Armenia would face less political risk. The EU and its US allies thus have a strong geopolitical interest in a deal," author of the article believes.

"Despite these opportunities, Russia has more often been an obstacle than a facilitator of reconciliation in the region. It remains skeptical of Turkey's attempt to become a regional energy hub, loathes the government of Georgian President Mikheil Saakashvili, and has long benefited from instability that prevents the US and EU from building new pipelines," publication goes on saying.

At the end of article, the author refers to Obama Administration's patient attitude, particularly, he states, "Obama's patient outreach to Moscow, coupled with Secretary Clinton's intensive mediation between the Turks and Armenians, were all necessary parts of the foundation leading to last week's agreement, as they will be to any future accord on Nagorno-Karabakh."