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Bulgaria refuses to pay Russia for pipeline project

© RIA Novosti . Alexey Druzhinin / Go to the photo bankBulgarian Prime Minister Boiko Borisov
Bulgarian Prime Minister Boiko Borisov - Sputnik International
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Bulgaria has no intentions of reimbursing Russia for the Burgas-Alexandroupolis oil pipeline project, Bulgarian news agency BGNES quoted Bulgarian Prime Minister Boiko Borisov as saying.

Bulgaria has no intentions of reimbursing Russia for the Burgas-Alexandroupolis oil pipeline project, Bulgarian news agency BGNES quoted Bulgarian Prime Minister Boiko Borisov as saying.

Russian Energy Minister Sergei Shmatko said on Monday that Russia would calculate all the costs on the construction of the Trans-Balkan oil pipeline and would provide Bulgaria with all the necessary documents for payment as Bulgaria was failing to finance its part of the project and abandoned the project. At the end of November, Bulgaria’s debt was 6.2 million euros.

“I respect Mr. Shmatko and wish him a Merry Christmas and Happy New Year. We [Bulgaria] will not give them [Russia] a single lev for the Burgas-Alexandroupolis oil pipeline project,” the agency quoted the prime minister as saying.

Burgas-Alexandroupolis is a project between Russia, Greece and Bulgaria to pump Russian and Caspian oil from the Bulgarian Black Sea port of Burgas to the Greek Aegean port of Alexandroupolis. The three countries signed an agreement to build the 280-km (174-mile) Trans-Balkan pipeline in 2007, following several years of talks.

 

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