Georgia is a transit country. Through our territory went the Great Silk
Road. And we have confirmed our transit potential more than once.
Through our territory go the BTC, the Baku-Tbilisi- Erzurum, and the
Baku-Supsa pipelines. Not only liquid goods transit through Georgia,
but also dry goods by railroad. However, apart from the existing oil
and gas pipelines, there is a potential for new ones. But they will
only be considered if the oil producing companies themselves become
interested in them. With today’s price for crude oil, the
attractiveness and profitability of the BTC and the Baku-Supsa are
obvious. Therefore, with the growing production of hydrocarbons in
Central Asia, and in the Caspian region, new oil pipelines will
undoubtedly be profitable. Therefore I would like to emphasize that all
of the proposed projects are viable and have prospects.
And the transit of fossil fuels through Georgia endangers the profit of which country? You have three guesses. If you don’t know the word "Transneft" you will soon. Here is more. See also Marshall Goldman’s new book Petrostate on the Georgia-Russia relationship and the economic factors involved. In my view today’s series of events is very, very bad news. Not only are the events bad, but it is a bad signal of type about the new (is it new?) Russian government.