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Latest Burgas–Alexandroupoli pipeline Stories

2008-10-03 21:00:19

MOSCOW. Oct 3 (Interfax) - Members of the Trans-Balkan ipeline B.V. () supervisory board have unanimously approved Germany's ILF Consulting Engineers as a technical consultant in the project to build the Burgas-Alexandroupolis oil pipeline, Russian pipeline operator Transneft (RTS: TRNF) said in a statement citing the TBP press service. ILF will carry out a wide range of work to update the feasibility study for the project, which will enable TBP to receive the documentation it needs to...

2008-09-18 21:00:24

SOCHI. Sept 18 (Interfax) - Russian Prime Minister Vladimir Putin says conditions for implementation of the South Stream gas pipeline project have improved. "The conditions for the implementation of this project have improved," Putin told his Bulgarian counterpart Sergei Stanishev in Sochi on Thursday. The talks with Central Asian partners on gas supply to the Russian market have practically concluded, and the price formula has been agreed upon in practical terms and this "increases...

2008-07-17 21:00:31

MOSCOW. July 17 (Interfax) - Gazprom Neft (RTS: SIBN) CEO Alexander Dyukov confirmed his company's interest in acquiring a 49% stake in Kazakh gas producer MangistauMunaiGaz and launching strategic cooperation with the company at a meeting with KazMunayGas President Serik Burkitbayev on Thursday, the two companies said in a joint press release. The two officials also discussed cooperation between Gazprom Neft and KazMunayGas as concerns the joint exploration, extraction and refining of oil...

2008-07-11 21:00:19

ARKHANGELSK. July 11 (Interfax) - Russian Deputy Prime Minister Igor Sechin has said the government is discussing the possibility of acquiring Oman's stake in Caspian Pipeline Consortium (CPC). Oman decided earlier to withdraw from the CPC due to what it called the inefficiency of the project. The governments with stakes in the CPC - Russia and Kazakhstan - have the preemptive right to buy out Oman's 7% stake. Russia and Kazakhstan could split Oman's stake in the CPC equally among each...

2008-07-04 21:00:19

ASTANA. July 4 (Interfax) - Kazakh national oil and gas company KazMunayGas is studying the possibility of acquiring half of Oman's stake in the Caspian Pipeline Consortium (CPC), Timur Kulibayev, chairman of the KazEnergy association, told journalists in Astana on Friday. "There will undoubtedly be interest. The national company is working on this," he said when asked if Kazakhstan intends to acquire half of Oman's 7% stake in the CPC. "Russia has expressed interest and, of course,...

2008-06-25 21:02:47

MOSCOW. June 25 (Interfax) - Preliminary estimates of the cost of the Burgas-Alexandroupoli oil pipeline stand at 1.5 billion euro, Nikolai Seryogin, a member of the Supervisory Board at Trans Balkan Pipeline BV, who represents Gazprom Neft (RTS: SIBN) in the project, told journalists. Back in 2007, the project was estimated at 1 billion euro, he said. The cost has been adjusted for inflation and growing metal and pipeline product prices, Seryogin recalled. The Balkan oil pipeline is...

2008-06-25 21:02:47

MOSCOW. June 25 (Interfax) - An updated feasibility study of the project for the construction of the Burgas-Alexandroupoli oil pipeline will be ready by late 2008 - early 2009, Project Manager Nikolai Seregin of Gazprom Neft (RTS: SIBN) told journalists. Work in updating the feasibility study will begin in the near future, he said. The feasibility study, which was prepared by ILF a few years ago, needs updating because of changes in the prices of metal and pipelines and a number of other...

2006-09-04 03:29:51

ATHENS (Reuters) - Russian President Vladimir Putin arrives in Athens on Monday to discuss with Greece and Bulgaria a long-delayed trans-Balkan oil pipeline, envisaged to decongest the busy Bosphorus Straits. The 700 million euro ($897.1 million) project, which has stumbled on horse-trading between the three countries involved for about a decade, was planned to bring cheaper Russian crude to the Mediterranean and strengthen Moscow's grip on the region's energy market. Greek...


Word of the Day
reremouse
  • A bat.
The word 'reremouse' comes from Middle English reremous, from Old English hrēremūs, hrērmūs ("bat"), equivalent to rear (“to move, shake, stir”) +‎ mouse.
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