Russia, Bulgaria, Greece Agree on Balkan Oil Project

Business | October 1, 2004, Friday // 00:00| Views: | Comments: 0

Bulgaria, Russia and Greece are to sign a memorandum of mutual understanding on the Burgas-Alexandroupolis pipeline project within a month.

The head of the government staff of the Russian Federation and Minister of the Russian Federation Sergey Naryshkin talked to Bulgaria's Regional Development Minister Valentin Tserovski and they agreed that the three parties involved would meet by the end of October.

The Burgas-Alexandroupolis pipeline is a three-way venture involving Bulgaria, Russia ans Greece. The three countries have an equal participation in the project. The Bulgarian section is 166 kilometers and will run via seven municipalities in Southeastern Bulgaria.

Last year Bulgaria and Greece signed a memorandum on technical cooperation in the study and design of the Burgas-Alexandroupolis oil pipeline.
Business » Be a reporter: Write and send your article
Advertisement All Are Welcome! Join Now!
Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria