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Baku, Azerbaijan<br />
December 15, 2006<br />
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The new rich in Baku gather for a fashion show to mark the opening of an Escada store in the city center.<br />
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Baku and Azerbaijan in general should benefit financially from the new oil and gas pipeline that will soon carry as much as 1 million barrels of oil a day into Europe via the Baku-Tbilisi-Ceyhan pipeline. <br />
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The 1,776 km, $4 billion pipeline places the gas and oil directly into Europe by-passing Russia for the first time.