http://www.gasandoil.com/goc/company/cnc01972.htmA second event (in addition to the start of the
economic development program) is affecting the
Dagestani economy. This is the construction of a major
oil pipeline bypass of Chechnya, re-routing Azerbaijan crude
oil through Dagestan on its way to the Port of
Novorossiysk. Construction of the oil pipeline by the
Russian company Transneft started abruptly as
Chechnya hostilities broke out in 1999. A railroad along
the same general route has been in operation since the
Soviet era. Construction of Dagestan’s Caspian Sea port
at Makhachkala also had started. Both of these major
projects and the existence of a well planned framework for
the development of the republic’s natural mineral
and agricultural resources should bring the republic
ultimate status as a major transportation and
communications hub for the Caspian region. U.S.
companies should be poised to explore the
considerable business opportunities that should develop
as order is restored to the
area.
http://www.bisnis.doc.gov/bisnis/bisdoc/000112dags.htmThat, too, has its drawbacks, says Robert Ebel,
director of the Energy and National Security Program
at the Center for Strategic and International Studies
in Washington:
/// Ebel Act ///
That pipeline bypass runs through Dagestan, and
Dagestan is not the most stable region in the
world. And the bypass, unfortunately, also
comes close to the border with Chechnya. So the
Chechens may just bide their time and say, "We
will not destroy the pipeline until it is full
of oil, and then we will have a go at it."
http://www.globalsecurity.org/military/library/news/2000/01/000119-chechen2.htm