Historical background to the document "Speech of the Azerbaijan President Heydar Aliyev at the opening ceremony of the conference "the Legend of the three seas" (Istanbul, June 25, 2002)"

Immediately after the signature of the Contract of the Century” between the State Oil Company of Azerbaijan and foreign companies in September 1994, the issue of transporting Azerbaijani oil to the world market became actual. In order to eliminate the dependence on Russia after the operation of the Baku-Novorossiysk pipeline, which transported the Azerbaijani oil to the Black Sea, the Baku-Supsa pipeline was constructed.

Later the Baku-Tbilisi-Ceyhan main export pipeline, which would ship the Azerbaijani oil to the world market via the Mediterranean Sea, was laid. These global energy projects implemented by Azerbaijan became possible only thanks to Heydar Aliyev’s well thought oil strategy.

“90 Instants of the Great leader”, Heydar Aliyev Heritage research center, “Sharq-Qarb”, Baku-2013, p.213