Saturday, August 9, 2008

Georgia is key EU energy corridor

http://www.bloomberg.com/apps/news?pid=20601081&sid=awA5_BpkTZT0&refer=australia
Georgia is a key link in a U.S.-backed ``southern energy corridor'' that connects the Caspian Sea region with world markets, bypassing Russia. The BP Plc-led Baku-Tbilisi-Ceyhan oil pipeline to Turkey runs about 100 kilometers (60 miles) south of the South Ossetian capital, Tskhinvali.

The U.S. seeks to connect Central Asia natural gas supplies with European markets, skirting Russia in an attempt to weaken the grip of Russia's state-run OAO Gazprom energy company. One planned pipeline route runs from the Georgia-Turkey border.

http://en.wikipedia.org/wiki/South_Caucasus_Pipeline

http://en.wikipedia.org/wiki/Trans-Caspian_Gas_Pipeline

The Trans-Caspian Gas Pipeline (Turkmen: Transhazar turbaly geçiriji) is a proposed submarine
pipeline between Türkmenbaşy in Turkmenistan, and Baku in Azerbaijan. By some proposals it will also include connection between Tengiz Field in Kazakhstan, and Türkmenbaşy. The aim of the Trans-Caspian Gas Pipeline project is the transportation of natural gas from Kazakhstan and Turkmenistan to central Europe, circumventing both Russia and Iran.

http://en.wikipedia.org/wiki/Baku-Tbilisi-Ceyhan_pipeline

The Baku-Tbilisi-Ceyhan pipeline (sometimes abbreviated as BTC pipeline) is a crude oil pipeline that covers 1,768 kilometres (1,099 mi) from the Azeri-Chirag-Guneshli
oil field in the Caspian Sea to the Mediterranean Sea. It connects Baku, the capital of Azerbaijan; Tbilisi, the capital of Georgia; and Ceyhan, a port on the south-eastern Mediterranean coast of Turkey, hence its name. It is the second longest oil pipeline in the world after the Druzhba pipeline. The first oil that was pumped from the Baku end of the pipeline on May 10, 2005 reached Ceyhan on May 28, 2006.[1]

http://en.wikipedia.org/wiki/Poti_Sea_Port

In 2007, the total throughput was 7.7 million tons and container handling was 185,000 TEU.[2]

In April 2008, Georgia sold a 51% stake of the Poti port area to the Investment Authority of the UAE's Ras Al Khaimah (RAK) emirate to develop a free economic zone (FEZ) in a 49-year management concession, and to manage a new port terminal. The creation of a new FEZ was officially inaugurated by the President of Georgia
Mikheil Saakashvili on April 15, 2008.[3]