icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

Russian parliament ratifies new Balkan pipeline

Russian parliament ratifies new Balkan pipeline
The Upper Chamber of the Russian parliament has passed a bill ratifying agreement to build the Burgas-Alexandroupolis oil pipeline that will stretch for around 280 KM and deliver Russian oil to international markets.

Earlier this year Moscow, Sofia and Athens signed an agreement on the construction of the pipeline. 

Under the agreement, Bulgaria and Greece receive 24.5 % of the pipelines shares, with Russia getting 51 %.

Initially, some 35 MLN tonnes will be pumped through the pipeline with plans to be extended up to 50 MLN.

Dear readers and commenters,

We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system.

Sorry for the inconvenience, and looking forward to your future comments,

RT Team.