And the Documentation: BP,Chevron and Lukoil were expecting Profits from the Burgas Pipeline. Easy wasn't it,same Old Game Lads

Please do Read the Intro.Thanks!

REGIONAL ASPECTS OF BOURGAS-ALEXANDROUPOLIS PETROL PIPELINEKonstantin KALINKOV
University of Economics-VarnaVarna, Bulgaria
Abstract
The following scientific research discusses issues, connected to the construction of the Bourgas- Alexandroupolis petrol pipeline, from the point of view of the energy policy of the European Union(EU). The established relations between the EU and Russia lead to a demand for alternative opportun-ities for the construction of such infrastructure. The Bourgas-Alexandroupolis pipeline is the onlyinfrastructural facility in this region that passes only through the territory of countries that are allmembers of the EU (Bulgaria and Greece). This is a circumstance that definitely makes petrol delive-ries more secure. On the other hand the accomplishment of the project needs many regionalecological problems to have been solved beforehand. That’s why the research’s author suggests that such major investment projects of international significance are to be approved in advance by thecountries from the Black sea area. Such a preliminary decision would be a guarantee for preservingthe sustainable development of the Black sea.
Keywords:
European Union (EU), energy policy, petrol pipeline, sustainable development,Black sea area, strait area.
1.
INTRODUCTION
The Bourgas-Alexandroupolis pipeline is the only pipeline that passes only through theterritory of countries that are all members of the EU (Bulgaria and Greece). From this pointof view on the basis of the relation between production and end use, the pipeline is includedin the European energy policy. A part of the pipeline’s supply will be done by the Russianoil-extracting industry, and the rest – by the Caspian Pipeline Consortium (CPC) that is of interest for companies like British Petroleum, Shell, Chevron and others (see Fig. 1). Theproduct will be transported to European Mediterranean harbours in Italy, France and Spainand then will reach Holland, Belgium and Germany through the already existing pipelinenetwork. A part of the deliveries (mainly by Chevron) will be directed to the USA

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