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Press and Information
The Burgas-Alexandroupolis project was launched in implementation of the Agreement between the Government of the Russian Federation, the Government of the Republic of Bulgaria and the Government of the Hellenic Republic Relating to the Cooperation in the Construction and the Operation of the Burgas-Alexandroupolis Oil Pipeline.
The priority goal of the Project is to create a new reliable and environmentally safe oil supply route for Europe, which will both help relieve the congested Bosporus and Dardanelles straits and increase European energy security.
The implementation of the Project will create a new transportation route for shipping Russian and Caspian origin crude oil by tankers from Russian Black sea ports to the port of Burgas (Bulgaria), and then via the pipeline to the port of Alexandroupolis (Greece) with further loading onto tankers and delivery to the European and world markets. The Company is intent on developing a project which meets the requirements both of the authorities and stakeholders. Based on the Public and Authorities consultations in both Countries, considering current situation in both locations and environmental terms and conditions the Project envisaged two alternative unloading options for Bulgaria and Greece: a conventional jetty in Burgas Bay located next to the existing oil terminal and a modern single-point mooring installations (SPM) in Greece.
The approximate total length of the Burgas-Alexandroupolis pipeline route is about 300 km. The possible throughput capacity of the pipeline at the first stage is to be around 35 MMTA with a further increase up to 50 MMTA.
The owner of the Project is the international company Trans-Balkan Pipeline B.V., registered in Amsterdam (the Netherlands), established expressly for the construction and operation of the Burgas-Alexandroupolis oil pipeline system.
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