    [Public Papers of the Presidents of the United States: George W. Bush (2001, Book II)]
    [November 28, 2001]
    [Page 1456]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Statement on the Commissioning of the Caspian Pipeline Consortium
    November 28, 2001

        I congratulate Russia, Kazakhstan, and Oman, and their consortium
    partners for the commissioning of the Caspian Pipeline Consortium (CPC).
    U.S. firms, notably ChevronTexaco and ExxonMobil, have played leading
    roles in this project. These facilities represent the culmination of
    years of effort. They are examples to the world that the United States,
    Russia, and Kazakhstan are cooperating to build prosperity and stability
    in this part of the world.
        The CPC highlights the important progress by countries in the
    Caspian region in building a transparent and stable environment for
    international trade and investment. The CPC project also advances my
    administration's National Energy Policy by developing a network of
    multiple Caspian pipelines that also includes the Baku-Tbilisi-Ceyhan,
    Baku-Supsa, and Baku-Novorossiysk oil pipelines and the Baku-Tbilisi-
    Erzurum gas pipeline. These projects will help diversify U.S. energy
    supply and enhance our energy security, while supporting global economic
    growth.