Russia to claim Burgas-Alexandroupolis Pipe expenses from Bulgaria

Russia will take all legal measures available to make Bulgaria pay indemnities over the Burgas-Alexandroupolis oil pipeline project, said Russian Energy Minister Sergey Shmatko.

Earlier in December, the Bulgarian government said it will leave the project, which involved building a pipeline through Bulgaria and Greece to transport Russian oil from the Black Sea to the Aegean, bypassing the Bosphorus.

“We will make a full legal assessment of Bulgaria’s actions,” said Russian Minister of Energy Shmatko.

“We will calculate the expenses made by companies in the project. Without all doubt, given procedures at hand, those costs will be claimed from the Bulgarian party,” clarified Shmatko.