Bank Of Baku

Russian Foreign Ministry: “Reliability of BTC depends much on the stability in the Caucasus”

Russian Foreign Ministry: “Reliability of BTC depends much on the stability in the Caucasus”
# 09 October 2008 13:11 (UTC +04:00)
Baku. Lachin Sultanova – APA. “Russia’s participation in Nabucco project depends on the economic conditions and stability in the region,” First Deputy Foreign Minister of Russia Andrey Denisov said in his interview to Interfax, APA reports. He said that Nabucco project was still on paper and it was hard to assess its prospects.

Denisov said they did not regard Baku-Tbilisi-Ceyhan as Russia’s rival, but underlined that the issue related to the pipeline was politicized.
“But the reliability of this pipeline’s work depends much on the stability in the Caucasus,” he said.
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