Russia, Bulgaria and Greece approve Balkan oil pipeline plan

Plans to build a trans-Balkan oil pipeline from the Black Sea to the Mediterranean have been approved by Russia, Bulgaria and Greece. The 285 km (178-mile) pipeline will go overland from Bulgaria’s Black Sea port of Burgas to the northern Greek town of Alexandroupolis on the Aegean.
The aim of the pipeline is to allow Russian crude exports to sidestep the congested Bosporus Strait. Separate ships will instead unload at Burgas and fill up at Alexandroupolis.