Middle East Economic Survey

VOL. LIV

No 1-2

3/10-Jan-2011

CASPIAN/TURKEY

Samsun-Ceyhan Pipeline Gathers Momentum As Burgas-Alexandroupolis Stalls

Greece has openly accused Bulgaria of deliberately stalling development of the Burgas-Alexandroupolis oil pipeline, as Russia moves closer to putting its weight behind the Samsun-Ceyhan alternative.

In mid-December Theodoros Pangalos, Greeces Deputy Prime Minister, told a Greek-Russian Society conference in Athens that the Bulgarian government was...