Russia Ready To Discuss Merging Rival Oil Pipelines - Report

Russia Ready To Discuss Merging Rival Oil Pipelines - Report
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Τετ, 12 Μαΐου 2010 - 18:15
Russia plans to propose merging the Kremlin-backed Burgas-Alexandroupolis oil pipeline and the Turkish Samsun-Ceyhan pipeline once Bulgaria clarifies its stance on the first project, Russian news agency RIA Novosti reports on its website Wednesday, citing Russia's energy minister.
Russia plans to propose merging the Kremlin-backed Burgas-Alexandroupolis oil pipeline and the Turkish Samsun-Ceyhan pipeline once Bulgaria clarifies its stance on the first project, Russian news agency RIA Novosti reports on its website Wednesday, citing Russia 's energy minister.

"As soon as the Bulgarian government demonstrates its readiness to implement the project and take practical steps, we, on our part, will propose discussing the merger of these two projects," Sergei Shmatko is quoted as saying.

Shmatko is part of a Russian delegation currently in
Turkey discussing joint energy projects.

The implementation of the Burgas-Alexandroupolis project--to pump Russian and Caspian oil to the Greek Aegean
port of Alexandroupolis via the Bulgarian Black Sea port of Burgas under an agreement between Russia , Greece and Bulgaria --has been practically stopped over the stance assumed by Bulgaria seeking improved economic and environmental terms, Shmatko said.

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