Bourgas-Vlore Oil Pipelines - The prime ministers of Bulgaria, Albania and Macedonia signed the memorandum for the construction of the Bourgas-Vlore pipeline in December 2004. The facility, eyed by BP, ExxonMobil and Texaco, should be completed by mid-2008 and should utilise no government financing. The pipe will have an annual capacity of 35 mln tons. Together with Ex-Im Bank, OPIC have expressed readiness to help the financing of the AMBO project for the Bourgas-Vlore oil pipeline.
Source: IntelliNews