Russia, Greece, Bulgaria Ink Oil Deal
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
ATHENS, GREECE — Russia, Greece, and Bulgaria signed a deal yesterday to build a 175-mile pipeline to transport Russian oil to a port in northern Greece that the three governments hailed as helping to secure Western oil supplies.
The pipeline from Bulgaria’s Black Sea port of Burgas will transport crude to the port of Alexandroupolis. The project will improve networks in southeastern Europe that transport oil and gas from the Caspian Sea region to the European Union.
