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Athens News Agency: News in English, 07-02-07
CONTENTS
[01] Burgas-Alexandroupolis pipeline accord
[01] Burgas-Alexandroupolis pipeline accord
Greece, Bulgaria and Russia are due to initial the tripartite agreement
for the construction of the Burgas-Alexandroupolis oil pipeline on
Wednesday in the Bulgarian town of Burgas. Greece's development
ministry secretary general Nikos Stefanou will initial the accord on
behalf of the Greek government. The agreement sets out the form of
cooperation among the three countries in the planning and construction
of the pipeline.
The accord will be initialled by Stefanou, Bulgaria's Deputy Regional
Development and Town Planning Minister Kalin Rogatchev, and Russia's
Deputy Industry and Energy Minister Andrei Dementiev.
The agreement determines the form of cooperation among the three
countries in the planning and construction of the
Burgas-Alexandroupolis oil pipeline, according to an announcement on
Tuesday by the Bulgarian Regional Development Ministry.
The pipeline will transport 35 million tonnes of crude oil per year
with the possibility of increasing the output to 50 million tonnes. It
will be 280 kilometres long, of which 155 kilometres will be in
Bulgarian territory.
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