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DATE=11/18/1999 TYPE=CORRESPONDENT REPORT TITLE=CLINTON - PIPELINE (L) NUMBER=2-256330 BYLINE=DEBORAH TATE DATELINE=ISTANBUL CONTENT= VOICED AT: INTRO: President Clinton - traveling in Istanbul, Turkey to attend a European security summit - has witnessed the signing of several agreements that will pave the way for construction of two key energy pipelines linked to the Caspian Basin. Mr. Clinton said the projects will bolster the security of the region. Correspondent Deborah Tate reports. TEXT: The leaders of Turkey, Georgia, Azerbaijan, Turkmenistan, and Kazakhstan signed documents authorizing construction of an oil pipeline that will run from Baku, Azerbaijan to Ceyhan, Turkey, and a gas pipeline that will run from Turkmenistan to Turkey. Mr. Clinton - a strong supporter of the projects - says they will advance the prosperity and security of a region critical to the future of the world. /// CLINTON ACTUALITY /// The natural wealth of the Caspian will make our global energy supply more secure and more diversified. These pipelines will be an insurance policy for the entire world, helping to ensure our energy sources pass through multiple routes, not a single choke point. /// END ACT /// Mr. Clinton says the next step will be securing financing for the projects. He says the U-S Overseas Private Investment Corporation and the Export-Import Bank would offer assistance. The United States, concerned about potential instability in Russia and potential hostility in Iran, has long sought an oil pipeline that bypasses those two countries while tapping the rich fields of the Caspian Basin for international markets. Still, U-S officials insist Russia was not intentionally excluded from the Baku-Ceyhan project. For their part, regional officials hailed the deal. Azerbaijani President Heydar Aliyev spoke through a translator. /// ALIYEV ACTUALITY /// I have been asked repeatedly, `When will Baku- Ceyhan become a reality? ` Each time I say it will become a reality, it will become a reality, it will become reality. Today it has become a reality. /// END ACT /// Georgian President Eduard Shevardnadze, speaking through a translator, put it this way: /// SHEVARDNADZE ACTUALITY /// If 10 years ago, somebody ever came up with this project, anyone would have said this was something that looked like wishful thinking, that it is not realistic altogether. Today we are witnessing a major event in our lives. /// END ACT /// Other leaders said the agreement would forge closer ties in the region. Turkish President Suleyman Demirel spoke through an interpretor. /// Demirel actuality /// Today, we are not only connecting the Caspian Sea to the Mediterranean, but tying our destinies together as well. /// END ACT /// /// OPT // Kazakh President Nursultan Nazarbayev, also through a translator: /// NAZARBAYEV ACTUALITY /// We believe it will strengthen our economic stability, independence and make a better life for our peoples in the Caspian region. /// END ACT /// /// END OPT /// Turkmenistan's President Saparmurat Niyazov pledged his country will do all it can to realize the goal of the gas pipeline project. /// NIYAZOV ACTUALITY /// Turkmenistan will be very actively implementing this project, together with our partners, so that Turkmen gas should reach Turkey by 2002. /// end act /// The proposed oil pipeline is to be completed by 2004. (Signed) NEB/DAT/ENE/gm 18-Nov-1999 14:35 PM EDT (18-Nov-1999 1935 UTC) NNNN Source: Voice of America .





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