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June 10th, 2010
Shmatko Puts Bulgaria on Notice Over Pipeline

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SOFIA BULGARIA –  Russia may indefinitely delay construction of an oil pipeline across Bulgaria and Greece if Sofia does not complete its revision of the plan in the next few months, the country’s energy minister has said. The possible demise of the Burgas-Alexandroupolis project would likely push Russia into the embrace of Turkey, which has been touting a competing pipeline to deliver Russian and Caspian Sea crude to the Mediterranean market, including to Southern Europe, Sergei Shmatko said, as cited by the Moscow Times. Read More

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