Middle East Economic Survey
VOL. LIV
No 8
21-Feb-2011
CASPIAN
Transneft Denies Reports Of Withdrawal From Burgas-Alexandroupolis
On 16 February Igor Demin, a spokesman for Russia’s Transneft, denied Russian and Bulgarian press reports that Russia has decided to abandon plans to take part in the development of the Burgas-Alexandroupolis oil pipeline. Three Russian firms – Transneft, Gazprom Neft and Rosneft – hold a combined 51% stake in the Trans-Balkan Pipeline...
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