Greece Prepares for Construction of Russian-backed Oil Pipeline

Greece, Bulgaria and Russia earlier this year agreed to spend over $1 billion to build a 230-kilometer oil pipeline from Bulgaria’s Black Sea port of Burgas to Alexandroupolis on Greece’s Mediterranean coast. VOA’s Barry Wood reports from Alexandroupolis that when the pipeline is completed in 2011, fewer tankers will have to pass through the crowded Bosporus Straits next to Turkey’s biggest city, Istanbul.

VOA