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                     Office of the Press Secretary
                           (Istanbul, Turkey)
For Immediate Release                                  November 17, 1999

                               FACT SHEET

                Background on U.S. Caspian Energy Policy

Caspian energy policy: The Clinton Administration has actively supported the development of oil and gas resources of the Caspian Basin since 1994, when the U.S. Government established a special inter-agency working group to focus on the President's Caspian energy policy. This working group ensures incorporation of commercial, technical, diplomatic, and other perspectives in forming U.S. policy on Caspian energy development.

Starting in 1995, the United States has specifically advocated the establishment of multiple energy export pipelines, traveling along an "east-west" axis from the Caspian region. This policy is intended to:

Milestones: The Clinton Administration's multiple pipelines policy has achieved the following milestones:

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