Albanian Parliament Ratifies Deal for Trans-Balkan Oil Pipeline
TIRANA – Albania’s parliament ratified on Monday with the majority of votes a trilateral convention with Bulgaria and Macedonia to build a trans-Balkan pipeline to transport oil from the Black Sea to the Adriatic by 2011.
The US$1.5 billion (Euro1.2 billion) pipeline, known as the AMBO project, will link Burgas in Bulgaria to Vlora in Albania. (albanian Daily News)
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