Bulgaria, Greece fail to agree on Russian oil pipeline

Tuesday 1431/8/15 - 2010/07/27
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Sofia, July 27, 2010, SPA -- Bulgaria and Greece on Tuesday failed to agree on a
1.3-billion-dollar pipeline deal to transport Russian oil from Burgas
to Alexandroupolis.

Bulgarian Prime Minister Boiko Borisov voiced environmental
concerns, saying the project could negatively impact Burgas, a Black
Sea tourist resort in his country, dpa reported.

"The environment is dear to us," Borisov said after a joint
cabinet meeting in the Bulgarian capital Sofia, during which he was
joined by his Greek counterpart Giorgos Papandreou to discuss joint
defence, economy and energy projects.

The Bulgarian tourist industry is largely against the project
because of concerns about possible oil spills during the transport to
the Greek port of Alexandroupolis.

Papandreou reiterated Greece's strong commitment to the project.
He said his country cares about its environmental impact, but would
wait for the expert assessment of the risks.

--SPA
19:13 LOCAL TIME 16:13 GMT