Armenia's participation in regional energy projects depends on the settlement of the Nagorno Karabakh conflict. Harvard University doctor Brenda Schaffer said at a conference in London devoted to the Baku-Tbilisi-Ceyhan oil pipeline project. As reported by "Arminfo" agency, the high geopolitical importance of the project was also noted at the conference. The necessity to solve the Karabakh confrontation to provide for security and stability in the region was also emphasized thereupon.