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5/30/07

M@C: Bulgaria ratifies Black Sea-Aegean pipeline deal

For the complete report in the M@C click on this link

Bulgaria ratifies Black Sea-Aegean pipeline deal

The Bulgarian parliament Wednesday ratified a 280-kilometre, 900 Million euro pipeline deal with Russia and Greece to link terminals in the Black Sea and the Aegean. The pipeline between Burgas in Bulgaria and Alexandropoulis in northeastern Greece would be completed in 2011 with an initial annual capacity of 35 million tons, with a potential for 50 million.

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