VOL. XLI

No. 21

25-May-1998

FSU

US-EU Statement On Caspian Energy

The following is the text of a joint US-EU statement on Caspian Sea energy resourcesissued in London on 18 May.

The US and the EU recognize the importance of Caspian Basin oil and gas resources incontributing to the economic prosperity, energy security, and stability of the region.

These resources will be an important addition to world oil and gas supplies and requiresecure access routes to world markets.

Essential to this...