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Article: ALBANIA: COMPANY PLEDGES TO BUILD BURGAS-VLORA OIL PIPELINE.(Brief Article)

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IPR Strategic Business Information Database
Article date:
August 22, 2000
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Officials from the Albanian-Macedonian -Bulgarian Oil Pipeline Corporation (AMBO) recently issued an announcement saying that they have completed a feasibility study on a planned oil pipeline. The pipeline, which will link the Black Sea port of Burgas with the Adriatic port of Vlora, is an essential part of the planned Corridor 8. The corridor will also link the three countries with highways, railroads, and telecommunication infrastructure. AMBO officials based in Pound Ridge, New York, said that the feasibility study has been sent to interested oil companies and contractors. The pipeline will offer the opportunity of bypassing the Bosporus, which suffers from heavy ...

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