Financial Times FT.com

Blow to hopes of oil pipeline security

By Isabel Gorst in Moscow

Published: August 10 2008 17:14 | Last updated: August 10 2008 17:14

The force of Russia’s attack against Georgia this weekend sends a strong signal that Moscow is determined not to relinquish control over the oil-rich Caspian region.

Georgia has scant energy resources of its own, but hosts pipelines built by international oil majors to carry Caspian oil and gas to western markets. Its railways also transport substantial volumes of oil from the region to Black Sea ports.

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