Bulgaria’s Finance Minister Vladislav Goranov. Photo by BGNES
Bulgaria has cancelled court proceedings for the closure of a joint project company with Russia and Greece formed to build an oil pipeline linking Bulgarian Black Sea port of Burgas with Greeces Aegean port of Alexandroupolis.
“We terminated the case because the Greek side proposed to keep the company as an infrastructure basis for future joint projects, Bulgarian Finance Minister Vladislav Goranov has told Sofia-based news outlet mediapool.bg.
We accepted their argument as the costs of maintaining this infrastructure are negligible, in order to keep the infrastructure as a basis for future joint projects between Bulgaria and Greece rela…
Read the full article at: http://www.novinite.com/articles/174766/Bulgaria Halts Liquidation Proceedings for Burgas-Alexandroupolis Oil Pipeline Project Company