Accessibility links

Breaking News

U.S., Azerbaijan Sign Energy Agreement

Rice (right) and Mammadyarov in Washington prior to signing the energy agreement (epa) March 22, 2007 (RFE/RL) -- The United States and Azerbaijan have signed an energy agreement in Washington.

The accord is aimed at building new natural gas export pipelines from the Caspian Sea to European markets, amid competition with Russia for transit routes and clients.

It was signed by U.S. Secretary of State Condoleezza Rice and Azerbaijan's foreign minister, Elmar Mammadyarov.

The accord expresses the intention of the U.S. and Azerbaijani governments to convene a high-level dialogue on energy security in the Caspian region.

Following the signing ceremony, Mammadyarov told RFE/RL that the agreement, if successfully implemented, could be worth billions of dollars in the long term.

U.S. officials said the memorandum of understanding is an important element in Washington's growing partnership with Azerbaijan, which includes cooperation on energy, democratic and market economic reform, and security.

RFE/RL Caucasus Report

RFE/RL Caucasus Report

SUBSCRIBE For weekly news and in-depth analysis on Armenia, Azerbaijan, Georgia, and Russia's North Caucasus by e-mail, subscribe to "RFE/RL Caucasus Report."

RFE/RL has been declared an "undesirable organization" by the Russian government.

If you are in Russia or the Russia-controlled parts of Ukraine and hold a Russian passport or are a stateless person residing permanently in Russia or the Russia-controlled parts of Ukraine, please note that you could face fines or imprisonment for sharing, liking, commenting on, or saving our content, or for contacting us.

To find out more, click here.