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Presidential Executive Office2023
Events

Construction of the Burgas-Alexandropoulis Oil Pipeline to deliver Russian oil to world markets will be accelerated

September 4, 2006
19:27
With President of Bulgaria Georgi Parvanov (left) and Prime Minister of Greece Konstantinos Karamanlis.
With President of Bulgaria Georgi Parvanov (left) and Prime Minister of Greece Konstantinos Karamanlis.

President Vladimir Putin discussed the practical implementation of the Burgas-Alexandropoulis Oil Pipeline project with Bulgarian President Georgi Parvanov and Greek Prime Minister Konstantinos Karamanlis during a brief working visit to Athens.

Russia, Greece and Bulgaria initiated the project in 1994. Until now, work has concentrated on agreeing all the different aspects involved in the pipeline’s construction.

The talks between the Russian, Greek and Bulgarian leaders resulted in the adoption of a tripartite Declaration of Cooperation in the Energy Sector, which will speed up the project’s completion. The three countries committed themselves to setting up a project company and signing an intergovernmental agreement on support for the pipeline’s construction by the end of this year.

The project’s implementation will be a major step towards increasing Europe’s energy security and will create new opportunities for economic growth on the continent, Mr Putin said.

Publication status

Published in section: News

Publication date: September 4, 2006, 19:27

Direct link: en.kremlin.ru/d/36215

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Official Website of the President of Russia:

Construction of the Burgas-Alexandropoulis Oil Pipeline to deliver Russian oil to world markets will be accelerated

http://en.kremlin.ru/events/president/news/36215

Last updated at March 20, 2015, 17:59

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