US ANALYSTS CONSIDER CASPIAN OIL NOT TO MAKE CENTRAL ASIA SECOND PERSIAN GULFNovember 5, 2002 - 18:13 AMT PanARMENIAN.Net - The Caspian Sea rich in crude is not able to turn the Central Asian countries into "the second Persian Gulf," US analysts suppose. Such conclusion is arrived at in the report of Hariman Institute of University of Columbia made public by the Secretariat of the Organization of Petroleum Exporting Countries. As reported by RIA "Novosti," the experts state that Caspian oil resources do not guarantee prosperity to Azerbaijan, Turkmenistan and Kazakhstan. According to the information of the US State Department responsible for Central-Asian affairs Steven Mann, making 4% of the world resources, Caspian oil will never dominate at the world market. On the other hand, the US expert emphasized, a large percentage of the world oil, having nothing to do with OPEC, will be supplied to markets exactly from the Caspian Sea. According to forecasts, Kazakhstan will be the main oil supplier from the mentioned region and will presumably have up to $30 billion a year. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | International cybercrime ringleaders arrested in Armenia, Ukraine Europol, Europe's crime agency, has arrested four ringleaders of several cybercrime networks that used botnets. Armenia skips CSTO Defense Ministers meeting A meeting of the Council of Defense Ministers of the Collective Security Treaty Organization countries began in Almaty. Armenian, Iranian foreigh policy chief talk over the phone The Foreign Minister of Armenia once again expressed condolences to his counterpart on the death of the President of Iran. Armenia, U.S. customs authorities to boost assistance with new deal The government has approved an agreement with the U.S. government on mutual assistance between the customs authorities. |