Middle East Economic Survey

VOL. XLVIII

No 18

2-May-2005

REGIONAL

Balkan States Move Ahead With AMBO Pipeline Plans

The Balkan states of Bulgaria, Macedonia and Albania are moving forward with the proposed Albanian Macedonian Bulgarian Oil Corp (AMBO) crude pipeline, which will carry some 750,000 b/d of Caspian region crude from Burgas on the Black Sea to Albanias Adriatic port of Vlore, where the first gathering of the projects interstate commission took place on 19 April. The meeting follows the...