POLITICS
CASPIAN SEA - NEW SOURCE FOR WORLD ENERGY MARKET, PRESIDENT ILHAM ALIYEV
Azerbaijan has strengthened dramatically today, President Ilham Aliyev said at the meeting of the Cabinet of Ministers devoted to the first quarter 2008 results of the socio-economic development.
According to him, Azerbaijan pursues totally independence policy, and strengthens its positions in the region.
“We managed to take our worthy place in the world. Nowadays, the number of our allies is of course more than it was in early 1990s. We established ourselves as reliable partners,” said the Azerbaijani Leader.
“However, the processes in the energy sector - in some cases, competition, standoff and confrontation of various centers of forces - are taking place in our region as well,” said the President, adding the Caspian Sea is a new source for the world energy market.
“This source is very rich and hydrocarbon reserves will play a key role in ensuring the energy security of Europe and world as a whole. Today, everyone acknowledges it. The importance of the region and energy policy of regional countries is of great significance to the world. We will continue the deliberate and right policy,”- the Head of State said.