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Reuters

World

Bulgaria seeks to revive trans-Balkan pipeline project to secure non-Russian oil

Oil Rumen Radev Russia Bulgaria Trans Lukoil Black Sea crude oil Greece

FILE PHOTO: A general view shows the oil refinery of the Lukoil company in Volgograd, Russia April 22, 2022. Picture taken April 22, 2022. Picture taken with a drone. REUTERS/REUTERS PHOTOGRAPHER

Bulgaria is looking to revive a trans-Balkan oil pipeline project to secure non-Russian crude oil supplies for its only oil refinery on the Black Sea, controlled by Russia's Lukoil, President Rumen Radev said on Tuesday.

Sofia is holding talks with neighbouring Greece to build a 300 km oil pipeline to transport crude oil from the Greek port of Alexandroupolis on the Aegean Sea to Bulgaria's Black Sea port of Burgas, Radev said.

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