Russian company Transneft Has Not Given Up on the Burgas-Alexandroupolis Oil Pipeline Project

Russian company Transneft Has Not Given Up on the Burgas-Alexandroupolis Oil Pipeline Project
Ria Novosti
Πεμ, 16 Φεβρουαρίου 2012 - 14:06
Russian company Transneft has not given up on the Burgas-Alexandroupolis oil pipeline project, the company's Deputy President Mikhail Barkov has revealed.
Russian company Transneft has not given up on the Burgas-Alexandroupolis oil pipeline project, the company's Deputy President Mikhail Barkov has revealed.

The project is suspended, Barkov has said, as cited by RIA Novosti. However, he has pointed out that it would take just several months for the pipeline to be built if it is revived.

The project's supervisory body will hold a meeting on March 13., Novinite.com reports.

In the beginning of February, Bulgaria paid off a EUR 4.7 M euro debt to Russia for its withdrawal from the construction project of the Burgas-Alexandroupolis oil pipeline.

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