Browsing the "power" Tag

string(0) "" Loading...

Georgian Situation Continues the Quest for The Prize of Oil, Money and Power

One of the more important things to understand about Georgia – the small country that recently engaged in a deadly struggle with Russia – is that it is one of the hosts of a relatively new, 1 million barrel per day capacity oil pipeline called Baku-Tblisi-Ceyhan (BTC). That pipeline was constructed with the active encouragement of the EU and the US starting in the late 1990s despite strenuous objections from Russia.

If you take a look at a map of the pipeline, you will begin to understand the geopolitical importance of the effort to provide a path out of the Caspian Sea region.

August 18th