Lukoil has announced that it has no intention of re-opening negotiations about joining the Baku-Tbilisi-Ceyhan oil pipeline.
When completed in 2005, the pipeline will ship crude oil from Azerbaijan's sector of the Caspian Sea, via Georgia to a marine terminal at the Turkish Mediterranean port of Ceyhan. The project is strongly backed by Washington, which favours it over alternative export routes through Iran and Russia, but officials in Moscow have dismissed it as a commercial white elephant.
After WWII, the Soviet army left Austria, and the latter had always remained a neutral state and never joined NATO
Russia experienced default on August 17, 1998. Today, 20 years after those events, the economic situation in Russia does not seem stable to many