How do you view the fact that Russia is supporting the Bourgas-Alexandropoulis project, a parallel pipeline project?
USG policy on Bosporus-Bypass crude oil pipelines is premised on the idea that commercial interests, not governments, should make the ultimate decision as to which Bosporus-Bypass pipeline should be the one which is constructed. We do not look at investments in pipeline projects as a zero-sum game. Our goal is to maximize the flow of oil and gas to European markets through commercially viable pipelines. Q [Tirana Mr. Elton Metaj Korrieri]: What is your assessment of the rivalry between the Bourgas? VlorŠ» (AMBO) and Bourgas? Alexandropoulis pipeline projects? A: With regard to AMBO and BAP, the various commercial interests appear to be waiting to see what the final treaties and routes will look like. AMBO is scheduled for a final tri-lateral treaty conference in Bulgaria in late July. The three countries involved have already submitted comments to a draft treaty. BAP is believed to be similarly positioned in terms of obtaining treaty commitments. The USG does not believe that the final
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- How do you view the fact that Russia is supporting the Bourgas-Alexandropoulis project, a parallel pipeline project?
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