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Transneft to freeze Burgas-Alexandroupolis project in fall

17:35 02/09/2011

Russian oil pipeline monopoly Transneft will freeze construction of the Burgas-Alexandroupolis oil pipeline project this fall, but will not abandon it despite its partner Bulgaria failing to provide financing, Transneft Vice President Mikhail Barkov said on Friday.

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Transneft to freeze Burgas–Alexandroupolis project in fall
18:45 02/09/2011 MOSCOW, September 2 (RIA Novosti)
Russian oil pipeline monopoly Transneft will not abandon the Burgas–Alexandroupolis oil pipeline project - despite its partner Bulgaria’s failure to provide financing - but will freeze the construction this fall, Transneft Vice President Mikhail Barkov said on Friday.
Russia ready to quit Burgas-Alexandroupolis and will seek compensation - minister
12:48 25/02/2011
Russia is ready to quit the Burgas-Alexandroupolis oil pipeline, a joint project with Bulgaria and Greece, and is likely to demand compensation from its partners, Energy Minister Sergei Shmatko said on Friday.
Russia to cut spending on Burgas-Alexandroupolis oil pipeline -Transneft
14:08 16/02/2011
Russia is to cut spending but is not withdrawing from the trans-Balkan Burgas-Alexandroupolis oil pipeline project, oil pipeline monopoly Transneft spokesman Igor Dyomin said on Wednesday.
Russia withdraws from trans-Balkan oil pipeline project - paper
12:54 16/02/2011
Russia is withdrawing from the trans-Balkan Burgas-Alexandroupolis oil pipeline project, Russian business daily Vedomosti said on Wednesday, quoting sources close to the board of the project operator.
Bulgarian PM halts Burgas-Alexandroupolis construction
13:26 15/11/2010
Bulgaria's prime minister has halted the construction of the Bulgarian section of the Burgas-Alexandroupolis oil pipeline, a joint project of Russia, Bulgaria and Greece, citing ecological reasons.
Russia, Greece to hold talks on Burgas-Alexandroupolis pipeline before year end
11:46 25/10/2010
Russia and Greece will hold talks to work out a joint position on the Burgas-Alexandroupolis oil pipeline project before the end of the year, Russia's Energy Minister Sergei Shmatko said on Monday.
Russia, Bulgaria to hold Burgas-Alexandroupolis talks Sept 8-9 - Transneft
15:59 24/08/2010
A Bulgarian delegation will hold talks in Moscow on September 8-9 on construction of the Burgas-Alexandroupolis oil pipeline.
Ex-Bulgarian PM slams cabinet for giving up pipeline with Russia
03:08 28/07/2010
Former Bulgarian prime minister Sergey Stanishev criticized the current cabinet led by Boyko Borisov for giving up plans to build the Burgas-Alexandroupolis pipeline, Bulgarian news agency Novinite.com reported.
Bulgaria to repay 4.88 mln euro debt for Burgas-Alexandroupolis pipeline - Transneft
14:04 26/07/2010
Bulgaria agreed to repay its 4.88 million euro debt for the Burgas-Alexandroupolis oil pipeline construction, Transneft Vice President Mikhail Barkov, who participated in recent negotiations in Sofia, said on Monday.
Transneft to discuss Burgas-Alexandroupolis oil pipeline with Bulgaria
10:45 15/07/2010
Russia's oil pipeline monopoly Transneft is to hold talks with Bulgaria on Thursday on the Burgas-Alexandroupolis oil pipeline project.
Trans-Balkan Pipeline Burgas-Alexandroupolis
15:19 06/07/2010
Burgas-Alexandroupolis is a project between Russia, Greece and Bulgaria to pump Russian and Caspian oil from the Bulgarian Black Sea port of Burgas to the Greek Aegean port of Alexandroupolis. The three countries signed an agreement to build the 280-km (174 mile) Trans-Balkan pipeline in 2007, following several years of talks.
Greece may take steps to revive Burgas-Alexandroupolis oil pipeline plan
07:57 22/06/2010
Greek Deputy Energy Minister Yiannis Maniatis says his country may take steps to push through plans for the Burgas-Alexandroupolis oil pipeline in the near future, Athens News Agency said.
Gazprom's Italian partner proposes South Stream-Nabucco merger
11:38 11/03/2010
Italy's Eni SpA, which is Gazprom's partner in the Kremlin-backed South Stream gas pipeline project, proposed uniting it with its Nabucco rival to boost overall revenues
Greek parliament ratifies Balkan pipeline agreement
21:36 17/04/2007
Greek's unicameral parliament ratified Tuesday an agreement on the construction of the one billion-euro Burgas-Alexandroupolis oil pipeline.
Russia to transport oil through the Balkans
11:52 18/03/2007
Wrap: Russia, Bulgaria, Greece sign pipeline deal, highlight security
18:12 15/03/2007
Russia, Bulgaria and Greece signed a long-delayed deal Thursday to build a pipeline to pump Russian oil via the Balkan countries further on to global markets, thereby bypassing Turkey's congested Bosporus Straits.
Balkan pipeline to raise world energy security - Russia's Putin
15:11 15/03/2007
Russian President Vladimir Putin said Thursday the Burgas-Alexandroupolis oil pipeline will raise world energy security and urged the earliest possible start to construction.
Balkan pipeline construction will meet ecological norms - Putin
14:34 15/03/2007
Environmental norms will be fully observed during the construction of the Burgas-Alexandroupolis oil pipeline, the Russian president said Thursday.
Russia, Bulgaria, Greece sign Balkan pipeline deal
13:48 15/03/2007
Russia, Bulgaria and Greece signed a long-delayed 1 billion-euro deal Thursday to build a pipeline across their territories, which will pump Russian oil further on to Europe.
Russia, Greece, Bulgaria set to sign major oil pipeline deal
09:41 15/03/2007
Russia, Greece and Bulgaria will sign Thursday a long-sought deal on the construction of an oil pipeline in the Balkans with an estimated cost of about 1 billion euros ($1.2 billion).
EC praises Burgas-Alexandroupolis oil pipeline project
16:06 14/03/2007
The European Commission regards a $1 billion oil pipeline construction project in the Balkans as an important one, an EC official said Wednesday.
Balkans oil pipeline deal to be signed soon
16:40 05/03/2007
Wrap: Russia, Bulgaria, Greece agree to sign pipeline deal by year's end
20:00 04/09/2006
"This project is extremely important, not only to our three states, but also to Europe's economy and energy industry," Vladimir Putin said.
Russian cos. may hold controlling stake in Black Sea pipeline - 1
19:29 04/09/2006
Putin calls for quick decision on Balkan pipeline
19:09 04/09/2006
"If we go on cooperating in this way, there will be no result," Vladimir Putin told a news conference. "It will be a missed opportunity, in both the economic and political sense."
Russian cos. may hold controlling stake in Black Sea pipeline
18:08 04/09/2006
URGENT: Burgas-Alexandroupolis pipeline may be launched in 2009-10
17:02 04/09/2006
New oil pipeline to bypass Turkish straits
15:11 04/09/2006
Balkan pipeline deal to be signed by end of 2006
21:01 30/08/2006
An intergovernmental agreement to build an oil pipeline in the Balkans to bypass some of the world's busiest shipping lanes may be signed by the end of the year, a senior Russian energy official said Wednesday.

Infographics

Trans-Balkan Pipeline Burgas-Alexandroupolis
15:19 06/07/2010
Burgas-Alexandroupolis is a project between Russia, Greece and Bulgaria to pump Russian and Caspian oil from the Bulgarian Black Sea port of Burgas to the Greek Aegean port of Alexandroupolis. The three countries signed an agreement to build the 280-km (174 mile) Trans-Balkan pipeline in 2007, following several years of talks.

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